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Depression, not stagflation, could hunt China in 2020

Alicia García Herrero | Chief Economist for Asia Pacific at NATIXIS, Senior Research Fellow at BRUEGEL
China’s GDP in the first quarter of the year has surprised nobody, but the devil is in the details. Local retail sales continued to fall in March (-16%), marginally better than during the peak of the Covid-19 outbreak in January and February. The continuation of the slump in domestic demand clearly stands out when compared […]
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