Coronavirus creates risk of a Great Depression, China’s central bank says

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While unlikely, a global financial meltdown of the scale of the 1929 crash is possible if we fail to contain the coronavirus pandemic, a Chinese central bank official said.

Inkstone

April 6, 2020

News & Politics

While unlikely, a global financial meltdown of the scale of the 1929 crash is possible if we fail to contain the coronavirus pandemic, a Chinese central bank official said.