China's GDP Drops 6.8% in Q1
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China's GDP Drops 6.8% in Q1 -
chrisk
- 04-16-2020
After almost 50 years of rapid growth, China's economy dramatically turned negative due to COVID-19 in the quarter just ended.
https://www.nytimes.com/2020/04/16/business/china-coronavirus-economy.html?action=click&module=Spotlight&pgtype=Homepage
Given the recent and continuing job losses in the US, Q2 in the US is likely to be quite a bit worse than China's Q1.