China Retail Sales, Industrial Production Plunge

Mar.15 -- Julia Wang, Greater China economist at HSBC Holdings Plc, discusses the state of the world's second-largest economy and policies. China’s economic activity contracted more than expected in the first two months of 2020 amid the coronavirus outbreak. Industrial output fell 13.5% in January and February from a year earlier, retail sales fell 20.5% in the period, and the unemployment rate jumped to 6.2%, the highest on record. Wang speaks with Yvonne Man and David Ingles on "Bloomberg Markets: Asia."