South China Morning Post · General

China’s first-quarter GDP shrinks for the first time since 1976 as coronavirus cripples economy | South China Morning Post

Story summary

China’s economy shrank by 6.8 per cent in the first quarter of 2020, according to data released by the National Bureau of Statistics on April 17, 2020. The contraction is the first in the world’s second-largest economy since the end of the Cultural Revolution in 1976, as well as since official quarterly gross domest…

Read at South China Morning Post

Opens the original publisher in a new tab. Full articles belong to their publishers; a subscription may be required.

Your local edition.

Choose a timezone for story timestamps and date filters.