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Indian Covid-19 wave may set South, SE Asian economies back 20 years: Global Times


Nepalese army personnel in PPE suits salute to pay tribute to Covid-19 victims before cremating their bodies near Pashupatinath temple in Kathmandu, Nepal, on May 7, 2021. - AP
YANGON (Global Times): India s close neighbours in South and Southeast Asia, home to more than a fourth of the world s population with high population density and a great number of people living in poverty, have been overwhelmed by India s deepening coronavirus crisis.
With a much weaker economy and healthcare system, the fierce new Covid-19 wave will deliver a lethal blow to the already fragile economy of India s close neighbours, Chinese observers said, noting it may need 10 to 20 years for neighbouring countries to have their economies return to pre-pandemic levels. ....

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