‘The Zoom Boom’: Asia Leads the World in Covid-19 Economic Recovery

‘The Zoom Boom’: Asia Leads the World in Covid-19 Economic Recovery

SEOUL—Asian economies are emerging as clear winners in the race to a full recovery, aided by demand from Western shoppers and success in containing Covid-19, which has helped the region keep its factories humming.

China remains on track to grow nearly 2% this year, the most of any major economy, while the world is expected to contract by 4.4% and the U.S. by 4.3%, according to the International Monetary Fund. Other Asian economies are close behind China: Vietnam is expected to grow 1.6%, Taiwan is expected to be flat from…

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