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China Economy

4 Min read

CHINESE ECONOMY TAKES A HIT WITH 6.8% CONTRACTION IN ITS Q1 REPORT

Published On 17 Apr 2020 03:35 AM


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Highlights:

  • The Chinese economy took a beating at 6.8% contraction for its first quarter
  • GDP  might slow down to 2.5%

One of the largest economies of the world, China have taken an economic beating in the wake of the covid-19 pandemic too. As China reported its first-quarter GDP, it showed that the Chinese economy has contracted by 6.8% for 2020. The Chinese economy has been growing steadily ....


Tags : Chinese economy, Fall in GDP, Q1 results, production capacity tanked, recession,
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