China’s retail sales had fallen by 20.5 per cent, the first decline on record, in combined data for January and February. Photo: Bloomberg China’s retail sales had fallen by 20.5 per cent, the first decline on record, in combined data for January and February. Photo: Bloomberg
China’s retail sales had fallen by 20.5 per cent, the first decline on record, in combined data for January and February. Photo: Bloomberg
China economy

China economy 2020 review: the highs and lows of a coronavirus-hit 12 months

  • China’s economy shrank by 6.8 per cent in the first quarter of 2020 as the coronavirus hit home, with exports and manufacturing plunging
  • But after its manufacturing engine recovered and its exports soared, China is set to be the only major global economy to show positive growth in 2020

Topic |   China economy
China’s retail sales had fallen by 20.5 per cent, the first decline on record, in combined data for January and February. Photo: Bloomberg China’s retail sales had fallen by 20.5 per cent, the first decline on record, in combined data for January and February. Photo: Bloomberg
China’s retail sales had fallen by 20.5 per cent, the first decline on record, in combined data for January and February. Photo: Bloomberg
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