The State Of Chinese Consumer Post-COVID As the effects of Covid-19 continue to ripple across the globe, China – one of the first to countries to emerge from the pandemic – offers a glimpse into fundamental changes and new trends in consumer behavior. Daniel Zipser, senior partner and head of McKinsey & Company’s consumer…(Read More)

China’s trade economy roared back to growth in June, as coronavirus lockdowns eased abroad China’s exports rose by 0.5 per cent in June from a year ago, while imports rose by 2.7 per cent, showing a big recovery in trade    Easing lockdowns overseas helped support a recovery, while…(Read More)

China economy rebounds in Q2 after virus hit: AFP poll China returned to growth in the second quarter after the coronavirus pandemic handed the world’s second largest economy its first contraction in decades, according to an AFP poll of analysts.  The survey of analysts from 11 institutions pegged China’s growth at 1…(Read More)

Has the coronavirus-hit global economy seen the worst of the crisis? It’s too early to tell While the stock market and business surveys point to a rebound, the improvement in economic data is rooted in the steep contractions in output earlier this year     Markets seems to be conflating the…(Read More)

US-China trade war reaches second anniversary, with superpower relations at ‘alarming’ lowest ebb Two years after the US imposed the first trade war tariffs, its trade deficit with China has narrowed, but wider relationship are being held together by the sticking plaster of a phase one deal China’s Foreign Minister Wang Yi says…(Read More)

China’s economic bullying will never work Beijing has threatened Australia, Japan and others with tariffs and tourism cuts  China’s arrival as an economic superpower may be a recent phenomenon, but the country already appears to have the habit of practicing economic coercion against its neighbors for geopolitical objectives.  Unfortunately, China has…(Read More)

Where the US-China Trade War Should Go From Here More tariffs cannot be the answer amid the pandemic. thediplomat.com podcast : New COVID-19 outbreak threatening China’s economic recovery? The president of the EU Chamber of Commerce in China, J…(Read More)

Covid-19 Is a Stress Test for the Chinese Economy. Why It Keeps Passing. Why does China’s economy keep outliving doomsayers’ predictions about an imminent collapse? That’s the question driving China: The Bubble That Never Pops, the sharp new book by Tom Orlik, the chief economist of Bloomberg Economics. I called him…(Read More)

Economies revving up recovery from coronavirus should expect many detours Governments and central banks’ commitment to nurse the global economy back to health is reassuring, but the virus won’t be so quickly tamed    Sectors which can operate with some social distancing policies are likely to do better than industries heavily reliant…(Read More)

Shanghai’s quest to be global financial centre gains impetus from Hong Kong troubles but big obstacles remain Hong Kong’s role as an offshore money centre for China may decline if Beijing further tightens its grip on the city     China has long wanted Shanghai to become the country’s premier…(Read More)

US-China relationship can be saved despite coronavirus and trade war Renewed cooperation or even a fresh partnership between China and the United States remains a logical and compelling solution to the problems faced by both     The bilateral relationship may sour further as China becomes a major issue in this year…(Read More)

Goodbye seems to be the hardest word for Europe’s manufacturers when it comes to China’s low-cost labour force and supply chain Already buffeted by US-China trade tensions, the European Union has stepped efforts to produce closer to home in the wake of the global pandemic, which is causing the steepest recession…(Read More)

Expect the coronavirus pandemic bankruptcy tsunami to be worse than predicted The global economic recession will be worse than forecast, with bankruptcies in Hong Kong likely to exceed those during Sars and the global financial crisis   Quick and cheap online dispute resolution systems are urgently needed across the region to reduce the pain…(Read More)

Save The Dates For The Second Edition Of EU CBEC Forum  The EU Cross-Border E-Commerce Forum 2020 is a two-day event to be held on October 14-15 at Liege Airport, aimed at helping your business to take off with cross-border e-commerce mailchi.mp/eu-crossborderforum.com;(Read More)

Huawei and Hikvision are ‘backed by Chinese military’, Trump administration says US Defence Department document lays groundwork for new US financial sanctions on top Chinese firms    List of 20 companies allegedly backed by People’s Liberation Army also includes China Mobile, China Telecom and Aviation Industry Corp of China www.scmp…(Read More)

In the US, China-bashing is rooted in myths of Western superiority Across the centuries, Europe propagated anti-Chinese stereotypes as a response to the perceived threats to European might    In the US today, dehumanising myths about Chinese continue to drive the cultural belief that China is the enemy www.scmp…(Read More)

EU leaders talk tough to Beijing over long list of unmet promises European Commission President Ursula von der Leyen says EU-China relationship ‘not an easy one’ after first meeting     Points finger at Chinese for cyberattacks, disinformation campaigns and warns of negative consequences over Hong Kong security law  But it…(Read More)

Germany ‘won’t take bad deal’ on investment with China Bloc hasn’t given up on negotiating a level playing field for European companies in China but progress has been limited, German envoy to the EU says    Issue expected to be on the agenda on Monday for the EU-China summit https…(Read More)

Foreign M&A in China remains strong as investors remain optimistic despite coronavirus, decoupling American and European investors are taking advantage of looser foreign ownership limits, while also betting on rising Chinese consumer demand, Rhodium Group says    Foreign appetite for Chinese assets remains ‘robust’ despite widespread talk of decoupling and reshoring…(Read More)

China FDI up 4.2 per cent in May to US$9.87 billion, marking second straight monthly increase Foreign direct investment into China rose 4.2 per cent from a year ago in May to US$9.87 billion, marking the second straight monthly increase     China’s outbound direct investment…(Read More)

China Economy: GDP Could Still Grow 3% In 2020 Amid Coronavirus Recovery Chinese GDP could grow 3% this year, as Asia’s largest economy recovers from the ongoing coronavirus pandemic, Zhang Ming, a researcher at the Chinese Academy of Social Sciences think tank, said Tuesday in an online event.    &nbsp…(Read More)

EU plans dialogue with the US to deal with China’s ‘growing assertiveness’ EU foreign policy chief’s suggestion comes just days ahead of Monday’s EU-China summit, amid an ensuing lack of commitment by Beijing on widening market access     His proposal was a surprise to some, as his recent…(Read More)

Markets expecting an early coronavirus recovery are ignoring the global economic and political mess The knowledge that a V-shaped recovery is off the table has not dissuaded markets from surging in expectation of further injections of central bank liquidity    Political leaders are selling snake oil to secure power and central bank…(Read More)

China must prioritise innovation to avoid being ‘strangled’ by US in next five years, top researcher says China Academy of Social Sciences (CASS) researcher Zhang Xiaojing says China ‘needs to rely more on itself’ to create growth drivers and combat decoupling  Current trade and technology disputes are the US ‘kicking away the ladder’ which…(Read More)

‘Don’t waste the crisis’: EU business group presses China to open markets European chamber’s annual survey finds companies grappling with a more politicised, state-dominated environment   Forced technology transfers also a big concern for foreign players in the country www.scmp.com;(Read More)

The Global Economic Outlook During the COVID-19 Pandemic: A Changed World The COVID-19 pandemic has spread with alarming speed, infecting millions and bringing economic activity to a near-standstill as countries imposed tight restrictions on movement to halt the spread of the virus. As the health and human toll grows, the economic…(Read More)

China’s exports drop in May as coronavirus pandemic hits overseas demand China’s exports fell by 3.3 per cent in May, down from a surprise return to growth in April but a smaller drop than analysts expected  May imports fell even more sharply in May, contracting by 16.7 per cent from…(Read More)

Coronavirus lockdowns are lifting and economies are reopening, but the hard work of recovery has only just begun Governments across the world are cautiously allowing businesses to reopen and removing pandemic restrictions in steps  The second stage of recovery will be more difficult and may have to contend with some lingering economic damage amid…(Read More)

The future of Asia: Decoding the value and performance of corporate Asia The COVID-19 crisis is an unprecedented global challenge in the post–World War II period. The pandemic has proven to be not only a public-health crisis but also a major disruption to supply chains, which may permanently change long-standing…(Read More)

Stronger action may yet be needed to help revive China economy Beijing has so far taken a restrained approach with a coronavirus pandemic relief package worth 4 trillion yuan to help businesses cut costs, save jobs and maintain people’s livelihoods www.scmp.com;(Read More)