Cranes and containers are seen at the Yantian port in Shenzhen, following the novel coronavirus disease (COVID-19) outbreak, Guangdong province, China May 17, 2020. Picture taken May 17, 2020. REUTERS/Martin Pollard
May 18, 2020
BEIJING (Reuters) – Global demand has slumped significantly due to the coronavirus outbreak and trade faces unprecedented challenges, China’s commerce minister said on Monday.
Companies are having an extremely difficult time due to the outbreak, which has caused a huge shock to China’s economic and social development, Zhong Shan said at a news conference in Beijing.
The government will boost domestic demand and promote consumption, he added.
(Reporting by Stella Qiu and Gabriel Crossley; Editing by Kim Coghill)
