China’s economy shrank in the first three months of 2020, its first contraction since 1992, as production and spending were frozen by the country’s coronavirus lockdown.  The National Bureau of Statistics reported that gross domestic product fell by 6.8 percent during the first quarter.  The sharp contraction reflects the weakness in consumer spending and investor confidence while the novel coronavirus has strongly impacted the economies around the world.  The economic data released showed that industrial production fell by 1.1 percent year-on-year, retail sales of consumer goods ...