China GDP contracted -6.8% in Q1, but March data show improvements

<p>China’s GDP contracted -6.8% quarter over year in Q1. That’s the worst performance since at least 1992 as the country was brought to paralysis coronavirus outbreak. The contraction was also slightly larger than expectation of -6.0%. In March, retail sales dropped -15.8% yoy, after tumbling for -20.5% yoy in the first two months, versus expectation […]</p>
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