Severe, short-lived downturn in China, where GDP growth falls below 5% in 2020 after 6.1% in 2019, but recovering to 6.4% in 2021.
In Japan, Korea, and Australia, growth also hit hard then gradual recovery.
Impact less severe in other economies but still hit by drop in confidence and supply chain disruption.
A longer lasting and more intensive outbreak spreading through the Asia Pacific region, Europe and North America
Global growth could drop to 1.5 per cent in 2020, half the rate projected before the virus outbreak
Recovery much more gradual through 2021.
