Simon Rabinovich, the Asia economics editor based in Shanghai, discusses China's historic GDP contraction, the first in over 40 years, triggered by the COVID-19 pandemic. He highlights the significant 6.8% drop and its implications for global economies. The conversation shifts to government efforts supporting the homeless amid the crisis, including innovative housing solutions. Additionally, Rabinovich reflects on the enduring legacy of civil rights leader Joseph Lowry, underscoring his contributions to social justice and equality.
The covid-19 pandemic has caused the country’s first GDP dip in more than four decades. What struggles still lie ahead for the world’s second-largest economy? Decisive action to help the homeless amid the crisis offers hope for what comes after it. And a look back at the life of Joseph Lowery, a firebrand preacher and rhyming civil-rights activist.
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