China resilient amid GDP dip

China on Friday provided the clearest and most complete picture yet of the economic cost of the deadly coronavirus, which has so far taken 4,642 Chinese lives. With first-quarter GDP shrinking 6.8 percent, the first decline since 1992 when quarterly data began to be reported, the damage amounts to an eye-popping 1.44 trillion yuan ($203.4 billion) in lost output, equivalent to the entire New Zealand economy in 2018.