Sino-File

Jaw dropping

“The scale and breadth of China’s economic contraction are staggering. There is little prospect of China driving a revival of global growth”

Eswar-Prasad-w

Eswar Prasad, an economics professor at Cornell University and the former head of the International Monetary Fund’s China division, tells the Wall Street Journal that the 6.8% drop in Chinese GDP in the first quarter was shockingly high.


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