China’s First-Quarter GDP Plunges on Coronavirus

BEIJING—China’s economy plummeted 6.8% in the first three months of the year compared with a year earlier, the country’s first such drop since Beijing began reporting quarterly gross domestic product in 1992.

The sharp contraction in the world’s second-largest economy, reported Friday, offers a foreshadowing of the pain expected in the U.S. and around the world as the coronavirus pandemic shuts borders, halts business activity and cripples global supply chains.

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China’s First-Quarter GDP Plunges on Coronavirus

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