China records first economic contraction as Coronavirus pandemic wreaks global havoc
The coronavirus pandemic has brought China’s amazing economic track record of nearly a half century of continuous growth to an end. Beijing announced yesterday that the economy had shrunk by a massive 6.8 percent in the first three months of the year, ending a streak that had survived Tiananmen Square, SARS, MERS, and even the Great Recession. Brian and John speak with John Ross, Senior Fellow at Chongyang Institute, Renmin University of China, and an award-winning resident columnist with several Chinese media organizations.