China press review
China Consumers Continue To Boost E-Commerce Spending: Bain & Kantar
E-commerce has been the only retail channel to experience rapid growth in China’s fast-moving consumer good industry since the start of the Covid-19 pandemic, according to a new research report released today in Bain & Company in collaboration with Kantar Worldpanel.
China’s economy to ride out containment efforts by an increasingly anxious US, former official says: Former vice finance minister Zhu Guangyao said China has factored such external challenges as posed by the United States into its dual-circulation strategy .
China’s economic growth moderates as consumers stay cautious: China’s economic growth moderated in May as flattering comparisons to the pandemic-hit economic figures early last year tapered off and Chinese consumers continued to keep a close eye on their pocketbooks.
European businesses express alarm over China’s anti-sanctions law that could turn companies into ‘sacrificial pawns’: The EU Chamber of Commerce in China expresses concern at lack of transparency and says the measures are ‘not conducive to attracting investment’.
China-EU investment deal ‘huge step in the right direction’, European Council president Charles Michel says: Charles Michel, president of the European Council, defended Brussels’ troubled effort to negotiate a Comprehensive Agreement on Investment (CAI) with Beijing.