Gala 2024
China’s first quarter growth contracted 6.8% from last year
/
RSS Feed
Official economic data came out last Friday and the news was not good. The combined effects of COVID-19, and declines in exports, consumer retail, and investment caused a 6.8% GDP decline in the first quarter. We talk with our Director in Shanghai, Owen Haacke, about the economic numbers, forecasts for 2020 overall, and the impacts on member companies.
Links:
- Learn more about USCBC on our website.
- Read our 2020 State Exports Report.
