In the News: Economic Contraction; Renault Exit; and Blockchain Standards
April 20, 2020 | BY
Vincent ChowChina'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
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
