World Faces ‘Similar Economic Shocks’ To China As Global Lockdowns Escalate
A series of grim economic numbers from China have given the world a glimpse of what might lie ahead, as countries embark on draconian coronavirus containment measures. The Chinese economy went into free fall over the first two months of the year, data released on Monday showed, with industry, retail and investment all shrinking for the first time in history, each by double-digits.
