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Showing posts with label CHINA. Show all posts
Showing posts with label CHINA. Show all posts
Saturday, May 9, 2020
Saturday, April 18, 2020
Global Times Daily Newsletter 20200418
China resilient amid GDP dip
China on Friday provided the clearest and most complete picture yet of the economic cost of the deadly coronavirus, which has so far taken 4,642 Chinese lives. With first-quarter GDP shrinking 6.8 percent, the first decline since 1992 when quarterly data began to be reported, the damage amounts to an eye-popping 1.44 trillion yuan ($203.4 billion) in lost output, equivalent to the entire New Zealand economy in 2018.
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