China's GDP contracts for first time in 40 years: industry reacts

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China's GDP contracts for first time in 40 years: industry reacts

For the first time since records began, China has posted a YoY decline in its economic output, with official figures showing a contraction of 6.8% for the country's first-quarter GDP. Today's figures, published by Beijing's National Bureau of Statistics, break an uninterrupted run of economic growth spanning four decades. Although China first began reporting its GDP statistics only in 1992, most analysts said this is the first time the country has seens a year-on-year decline in more th...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.