China’s economy shrank by 6.8 percent in the first three months of the year, its first quarterly contraction on record, the National Bureau of Statistics of China reported on Friday. ( read original story …)
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China Economy Has Worst Quarter in 40 Years After Coronavirus Lockdowns, Leading the World Into Recession
The global economy is projected to contract sharply by 3 percent in 2020, much worse than during the 2008-09 financial crisis,” the International Monetary Fund said Tuesday. ( read original story …)
China’s January-March property investment down 7.7% from a year earlier
Real estate investment in China fell 7.7% in the first three months of 2020 from a year earlier, official data showed on Friday. The property market, a key growth driver, was among many segments of…
Instant View: China’s first-quarter GDP posts first decline on record as virus shuts down economy
China’s economy shrank 6.8% in January-March from a year earlier, official data showed on Friday, the first such decline since at least 1992 when quarterly gross domestic product (GDP) records began. ( read original story…
China’s economy shrank last quarter for the first time in decades as the coronavirus took its toll
China’s economy has just experienced its worst three-month period in decades as the coronavirus pandemic forced much of the country to shut down for weeks on end. ( read original story …)
China says its economy shrank by 6.8% in the first quarter as the country battled coronavirus
China reported that its first quarter GDP contracted by 6.8% in 2020 from a year ago as the coronavirus outbreak seriously impacted the world’s second largest economy. ( read original story …)
CIOE 2020 to held at a new venue – Shenzhen World Exhibition and Convention Center, new exhibitors confirmed their debuts
For moving to its new venue to Shenzhen World Exhibition and Convention Center in 2020, China International Optoelectronic Exposition (CIOE), the world largest optoelectronic exposition, will free … ( read original story …)
Beijing-Backed AIIB to double funds under coronavirus crisis facility to $10 billion
The China-backed Asian Infrastructure Investment Bank said on Friday that it was doubling available funds under its COVID-19 crisis recovery facility to provide up to $10 billion in financing to meet … ( read original…
Asian stocks set to rise as markets brace for China GDP data
Asian stocks look set to bounce on Friday to recover towards a one-month high as investors, following Wall Street’s lead overnight, sought silver linings in a run of data that showed the world is in…
Totalitarian China unleashed the virus. Free China has all but defeated it.
But if you want to see the difference between how a totalitarian and a free Chinese society handles a public health emergency, just contrast the actions of the People’s Republic with those of the ……
China’s virus-hit economy set to post first decline since at least 1992
Beijing has succeeded in getting large parts of the economy up and running from a standstill in February, but analysts say policymakers face an uphill battle to revive growth as t … ( read original…
At Least Four Class-Action Suits Filed Against China, Seeking Trillions Over Coronavirus Outbreak in U.S.
The Chinese government, when it’s acting in China, does not have any affirmative duties under United States law,” one legal expert told Newsweek. ( read original story …)
The WHO doesn’t only have a China problem — it has a dictator problem
For example, Syria’s blood bank is controlled by its defense ministry, which cannot procure blood because it is heavily sanctioned — so the WHO supplies it directly. That same … ( read original story …)