Markets Pause on Lockdown

A summary of the Asia Pacific Property Digest for 1Q20

May 28, 2020

The COVID-19 pandemic and unparalleled protective measures taken by governments to stem its spread have severely impacted economic activity. Growth in this region is anticipated to have stalled for 2020 for the first time in nearly six decades according to the IMF, however, Asia Pacific is likely to fare better than the other major regions reflecting the gradual recovery that is now underway in Mainland China. Of course, it is worth keeping in mind that there is still a great deal of uncertainty and the true impact of the outbreak may not be known for some time.

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