Similar shutdowns now in effect in major economies elsewhere have devastated global trade and suggest an immediate Chinese recovery is likely to be some way off.
The decline was larger than the 6.5 per cent forecast by analysts in a Reuters poll and reverses a 6 per cent expansion in the fourth quarter of 2019.On a quarter-on-quarter basis, GDP fell 9.8 per cent in the first three months of the year, the National Bureau of Statistics said, which compared with expectations for a 9.9 per cent contraction and 1.5 per cent growth in the previous quarter.
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