Global growth is projected at –4.9 percent in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast. The COVID-19 pandemic has had a more negative impact on activity ...
BEIJING—In cities and small towns across China, two seemingly contradictory facts are simultaneously true: China is closing the gap with the U.S. for global technological dominance, and yet big parts ...