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home / news releases / CHB - APAC Economies Hit By New COVID-19 Waves


CHB - APAC Economies Hit By New COVID-19 Waves

  • The Asia-Pacific region experienced a recession in 2020 owing to the COVID-19 pandemic, with Asia-Pacific GDP contracting by an estimated 1.1%.
  • During the second half of 2020, many Asia-Pacific economies had shown a significant recovery in economic momentum.
  • However, recovery momentum in the Asia-Pacific has suffered significant setbacks during the second quarter of 2021, as new COVID-19 waves driven by the highly transmissible Delta variant have resulted in renewed lockdowns being imposed in many Asia-Pacific countries.

For further details see:

APAC Economies Hit By New COVID-19 Waves
Stock Information

Company Name: Global X China Biotech Innovation ETF
Stock Symbol: CHB
Market: NASDAQ

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