- 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,