Commentary for Expert Magazine

The size of business assistance in Western countries ranges from 6 to 14% of GDP. Russian business cannot count on such massive support. The forecast of GDP in 2020 in Russia is slipping into a minus: from –0.5 to –2.5%

The world's main factory and consumer of resources is returning to ordinary life. Most likely, in the second quarter of 2020, China will fully restore production - if everything goes as it is now. “At present, Chinese companies operate in 50 percent of the state. Production has recovered and is working, according to satellite imagery, smog began to appear on large Chinese cities, confirming this information, ”says Surana Radnaeva, founder of Sinoruss, which works with Chinese companies doing business in Russia. - Indeed, exports from China currently dipped by almost 18 percent, but most importantly, the Chinese domestic consumption market is completely self-sufficient. Even the overstocking of warehouses, which took place a little earlier, does not mean the collapse of trade and production. China on time and correctly reduced the pace of production. The producer-supplier-consumer chain now certainly does not work without delays, but they are caused to a greater extent by the restriction of air travel and the closure of borders. ”

You can read the full article at the link – https://expert.ru/expert/2020/13/uhodim-v-minus/