ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Opinion

World Bank's 'third shock' threatens to reverse Asia's economic progress

After trade war and COVID-19, continent-wide recession would put millions into poverty

| China
A clerk sorts yuan notes at a bank in Taiyuan, China on Feb. 24: Asia finds itself poorly prepared to confront a triple whammy of threats.   © Reuters

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

Good luck sleeping after reading the World Bank's take on how coronavirus is upending East Asia.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more