In the News: Economic Contraction; Renault Exit; and Blockchain Standards

April 20, 2020 | BY

Vincent Chow

China's pandemic-hit economy contracts for first time in decades in Q1; Renault exits China joint-venture amid weak sales and worsening outlook; new national blockchain committee launched with several tech giants involved

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Chinese economy shrinks for first time due to coronavirus

China's economy has contracted for the first time since quarterly gross domestic product figures were first reported in 1992. The National