Article 5290D China economy shrinks for first time as Wuhan Covid-19 death toll is increased by 1,300

China economy shrinks for first time as Wuhan Covid-19 death toll is increased by 1,300

by
Lily Kuo in Beijing
from on (#5290D)

Worst GDP fall on record comes after months of paralysis as the country went into lockdown to contain coronavirus

China's economy shrank 6.8% in the three months of 2020, the country's first such contraction on record and a stark sign of the financial impact of the coronavirus pandemic.

The news came as Chinese authorities revised the death toll in Wuhan, the hardest hit city and where the virus first emerged, up by 50%, to 3,869 from 2,579.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/science/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments