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China: Coronavirus could shrink economy in first quarter - CNN

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jeffwilson1.455 years ago

https://cdn.cnn.com/cnnnext/dam/assets/200304000636-01-chinese-services-employment-super-tease.jpg

 

The novel coronavirus outbreak has been brutal for China and could plunge the country's economy into its first contraction since the 1970s.

Economic activity sharply declined across the board in February as companies struggled to reopen for business or hire workers during a government-mandated shutdown, according to official and private surveys released in recent days.

 

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