China’s economy has grown over the past decades like no other.
The Chinese economy shrank by 6.8% in the first three months of 2020 compared to the previous year. This is the first contraction of this magnitude since Beijing began reporting its quarterly gross domestic product in 1992.
Asian stock markets are down, as are European and American ones. With oil prices nearing $30 per barrel and North Korea fine-tuning its ballistic missiles, experts are becoming increasingly concerned and the Asian continent is experiencing a somewhat stressful climate…
This week has permanently put the economic crisis in China, the world's second largest economic power, in the limelight of international economy.
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