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View all search resultsIn terms of Human Development Index (HDI) China ranks 85th in the world, Indonesia and the Philippines at 107th place and Vietnam at 117th, though these countries have done well in terms of improvement throughout the period of 2010 and 2019.
Last year's 6.1 percent contraction was the worst since a 7.6 percent decline during the Asian financial crisis in 1997 and officials said they expect the economy to expand at a much slower pace than initially predicted in 2021.
The coronavirus crisis will see the world’s biggest firms slash dividend payouts between 17 percent-23 percent this year or what could be as much US$400 billion, a new report has shown, although sectors such as tech are fighting the trend.
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