Economics

China’s Historic Slump to Lay Bare the Scale of the Task Ahead

  • First quarter GDP to show deep contraction from year ago
  • March data for retail, investment, industrial output also due
People wearing protective masks are seen through a window in the Lujiazui Financial District in Shanghai.Photographer: Qilai Shen/Bloomberg
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The scale of the recovery task facing China’s policy makers will be laid bare Friday when first quarter gross domestic product data is expected to show an historic slump.