Dated : 08 Sep,2020

 

PRESS RELEASE

 

ASIA HIT HARD TO ECONOMIES IN COVID19 ERA

Coronavirus pandemic effected Asia has been hit hard by the outbreak. It has seen businesses close their doors, supply chain disruption, widespread quarantines, travel bans and other restrictions to help reduce the spread of the virus. This has of course had a huge impact on Asia’s economy.

Lockdown across most of Asia in 2020 as the coronavirus pandemic paralyzed manufacturing &economic activity across the globe, the export import activities almost flat.

Keshav Gandhi, CEO, AsiaTradeHub.com feel that current situation drive the Asian economy into recession & suggest countries must  spend more to avoid bankruptcies and emerging market debt defaults.

 


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