Barron's on MarketWatch: Pandemic brings China's first economic contraction ever
• The Covid-19 outbreak led to China’s economy shrinking at an annual rate of 6.
8% during the first quarter—the country’s first reported contraction since officials started to release gross domestic product figures in 1992. The world’s second-largest economy suffered a 15.8% decline in retail sales during March, down from a 20.5% decline during the first two months of the year.
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