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China Economy Shrinks for First Time Since at Least 1992


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Posted

China’s economy recorded the first contraction in decades in the first quarter as the coronavirus outbreak shut down large parts of the world’s second-largest economy and dimmed the global outlook.

Gross domestic product shrank 6.8% in the first quarter from a year ago, the worst performance since at least 1992 when official releases of quarterly GDP started, missing the consensus forecast of a 6% drop.

Posted
21 minutes ago, Anta Assamey said:

May be its manipulated in some way as World is crying on them ..3pa3zo.gif

+1

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