By Charles Riley, CNN Business
CNN
April 17, 2020
London (CNN Business)It’s official: Even the world’s second biggest economy, on a growth streak lasting four decades, was no match for the coronavirus pandemic.
China’s economy shrank 6.8% in the first quarter of 2020 compared to a year earlier, according to government statistics released Friday.
China’s economy just shrank for the first time in decades. It could still eke out growth this year
The superlatives: The plunge is the worst for a single quarter that China has recorded since it started publishing those figures in 1992.