China press review
China just became the first country to grow its economy after COVID-19. What lessons can the US learn? The IMF estimated China’s GDP will grow by 1.9 percent for all of 2020, the only major economy to inch back into positive territory in a year that saw economies around the globe tumble sharply.
China’s inflation struggles to perk up despite broader recovery: China’s factory gate prices fell at a faster-than-expected pace in September and consumer inflation slowed to its weakest in 19 months, underscoring the challenges still facing China as it recovers from the COVID-19 pandemic.
Webinar: Third-party marketplace or owned #ecommerce? Marketplaces are becoming more and more important for online retailers. Not only do they give access to huge audiences, but many of them also specialize on targeted market segments, such as DIY or reconditioned electronics.
China is winning the global economic recovery: While much of the world scrambles to prevent new coronavirus cases from stalling the fragile recovery from recession, China’s economy is hitting its stride again and will end the year more influential than ever.
China’s new economic ‘dual circulation’ strategy may not just be inward-looking, but also a pivot to Asia: Amid a challenging geopolitical environment, it is unsurprising that China is looking to bolster its domestic market, but it is unlikely to completely turn inward.
China’s economic growth to be 2 per cent in 2020 but coronavirus to keep Asia’s growth at lowest since 1967, World Bank warns: Growth in China is expected to come in at 2 per cent this year, boosted by government spending, strong exports and a low rate of new coronavirus infections.