Amid a widespread shutdown of manufacturing operations, industrial production declined by 13.5 per cent over January and February, data showed. Photo: Xinhua

Coronavirus: China’s economy suffers dramatic collapse in January, February in warning to rest of world

  • Combined data for January and February showed that industrial production, retail sales and asset investment all declined far more than analysts expected
  • Lockdowns to control the coronavirus proved to be a constraint to economic growth, but with China now in recovery, data suggests what rest of the world could expect
Topic |   Coronavirus outbreak
Amid a widespread shutdown of manufacturing operations, industrial production declined by 13.5 per cent over January and February, data showed. Photo: Xinhua
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