What will be the economic impact of COVID-19 (and should we care)?

Apr 18, 20

China has recorded its first official year-on-year decline in economic output in over 40 years—a warning sign for the rest of the world.

GDP in the first quarter plunged 6.8% year on year (as of April 2020), according to the National Bureau of Statistics. The contraction in China, the engine of global growth for the past 2 decades, is the starkest economic sign of the damage caused by the pandemic.