Financials Nov 13, 2020 09:45 AM (GMT+8) · EqualOcean
At the 2020 meeting of the China development high level forum held on the evening of November 11, Axel von tosenberg, executive vice president of World Bank operations, said: under the epidemic situation, the global economy is in deep recession, which has seriously hit the poorest regions and populations in the world. It is estimated that as many as 150 million people will fall into extreme poverty by 2021. At present, affected by the second round of epidemic, many developed economies are facing more and more difficulties, and the debt pressure continues to increase. Solutions to these global challenges require strong international cooperation, and China's role in this regard is crucial.

This text is a result of machine translation.