Marvelling as stock markets recover from their precipitous declines, swiftly regaining ‘Bull Market’ status, while reading prognostications of economic ‘bounce back’ and returning normality, one is overwhelmed by incredulity.
Tag Archives: GDP
China Resorts to ‘Helicopter’ Shopping Vouchers
China’s economy shrank 6.8% in the first quarter of 2020, official data shows, the first such decline since at least 1992, when Chinese publication of GDP records began. The historic slump in the world’s second largest economy has prompted the government to issue free shopping vouchers, in an attempt to incentivise consumer spending.