Is US facing recession? Real economy to decide


By Liu Jianna | China Daily | Updated: 2020-04-07 07:16Editor’s Note: Circuit breakers halted trading on the US stock exchange four times in 10 days last month with the stocks fluctuating wildly, and the Dow registering its biggest quarterly decline since 1987. Does this suggest a global financial crisis is imminent? Two experts share their views on the issue with China Daily’s Liu Jianna. Excerpts follow:Until pandemic ends, US stocks to be volatilePeople even in their wildest dreams would not have expected the US stock exchange to halt trading so frequently. The volatility of the US stock ma…

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