China's economic outlook is facing a significant downturn, with the World Bank projecting a decrease in growth to 4.3 per cent for 2025. This marks a decline from the previously estimated 4.

China's growth to slow next year despite boost from stimulus, World Bank warns

China realises its on the backfoot due to the coronavirus pandemic, so, it's trying to contain the damage both at home and abroad. Also Read: After Wuhan, fears of second coronavirus wave in China's northeast The COVID-19 outbreak has dealt a big blow to the Chinese economy.

Amid coronavirus outbreak, China's economy contracts, job losses mount

Global uncertainties, including populism and economic slowdown, have cast a shadow over the World Economic Forum (WEF)'s 2019 annual meeting, which officially opened in Davos, Switzerland, on Monday.

Watch: China underperforming relative to past, says Ex RBI chief Raghuram Rajan in Davos