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

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

5 minute readApril 20, 2020 at 01:58 AM

Vincent Chow

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

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 Bureau of Statistics (NBS) released data on Apr.

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