China’s economy shrank by 6.8 per cent in the first quarter of 2020. Photo: APChina’s economy shrank by 6.8 per cent in the first quarter of 2020. Photo: AP
China’s economy shrank by 6.8 per cent in the first quarter of 2020. Photo: AP

Coronavirus: China’s economy shrank for the first time since 1976 in first quarter

  • China’s economy shrank by 6.8 per cent in the first quarter of 2020 after the coronavirus shut down large swathes of the country
  • Industrial production, retail sales and fixed asset investment all shrank again in March, showing challenge in restarting the economy
Topic |   Coronavirus pandemic
China’s economy shrank by 6.8 per cent in the first quarter of 2020. Photo: APChina’s economy shrank by 6.8 per cent in the first quarter of 2020. Photo: AP
China’s economy shrank by 6.8 per cent in the first quarter of 2020. Photo: AP
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