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MILLTRUST INTERNATIONAL
 

Coronavirus recovery: emerging markets facing toughest test yet in pandemic

August 6, 2020

BY Alexander Kalis
GROUP MANAGING DIRECTOR

By SMCP

  • The pandemic has forced central banks to cut interest rates aggressively, and the whiff of a fiscal crisis hangs over several major developing economies
  • Even China’s impressive rebound is being called into question because of the severity of the global recession and the resurgence of the coronavirus

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