China Retail Sales, Industrial Production Plunge
March 16, 2020
14,972
174
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4:41Now PlayingChina Retail Sales, Industrial Production Plunge
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as posted by the channelMar.15 -- Julia Wang, Greater China economist at HSBC Holdings Plc, discusses the state of the world's second-largest economy and policies. China’s economic activity contracted more than expected in the first two months of 2020 amid the coronavirus outbreak. Industrial output fell 13.5% in January and February from a year earlier, retail sales fell 20.5% in the period, and the unemployment rate jumped to 6.2%, the highest on record. Wang speaks with Yvonne Man and David Ingles on "Bloomberg Markets: Asia."
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