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China Economy Growth

The mammoth Chinese population in excess of 1 billion people has contributed to the rise of the China economy and helped catalyze rapid industrialization in the country. However, the speed of urbanization has also led to excessive levels of industrial pollution, with several Chinese cities frequently suffering from poor air quality

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China Economy Growth

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  1. Asia Fund Managers AsiaFundManagers.com is the information platform for Asia investments. Investors will find the best Asian funds, fund managers, investment analysis and news at AsiaFundManagers.com. We make investing in Asia more transparent. China Economy Growth China is the most populated nation on the planet, and the China economy has recently become the world’s largest in terms of purchasing power parity. Nevertheless, China is struggling with slower growth, and also the COVID-19 pandemic is taking its toll on the country’s economy. But, according to the International Monetary Fund (IMF), China economy growth is one of the few economies poised to grow in 2020. However, the prediction of 1.2% growth is a sharp slowdown. www.asiafundmanagers.com

  2. South Korea Economy South Korea has a population of just over 51 million, it has relatively high population density and few natural resources. It has adopted the capitalist ways of the West and its economy features low unemployment, moderate inflation, export surplus and relatively equitable distribution of income. However South Korea does have an ageing population, a rigid labor market and is reliant on imports. Excluding 2009, South Korea has seen GDP growth above 2%, and sometimes well above, for the past decade. In 2019, South Korea saw a GDP growth of 2%. For 2020, due to Covid-19, the IMF predicts the economy to shrink 1.2%. If the pandemic is brought under control in the second-quarter of this year, South Korea’s economy could grow again 3.4 percent in 2021. Contact Details: Email: invest@asiafundmanagers.com Website: www.asiafundmanagers.com www.asiafundmanagers.com

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