To understand how the Chinese economy continues to upgrade itself during the COVID-19 pandemic, CGTN talked to Qu Qiang, assistant director and fellow of the International Monetary Institute, the Renmin University of China. RELATED STORIES CF40 highlights strengths in China's economy ...
China’s affluent younger generation had never experienced a domestic economic downturn prior to COVID-19. The virus has forced them to think harder about spending, saving, and trade-offs in purchasing behavior. Attitudes to spendingamong consumersin their 20s a...
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COVID 19 AND THE NIGERIAN ECONOMY: PROSPECTS AND CHALLENGESTrusting OfonduJohn Williams UgochukwuAnn KuroBushwealth Journals
China's share of the world economy has risen from just 3.6% in 2000 to 17.8% now and the country will become a "high-income economy" by 2023, the report says. The Chinese economy is not only benefitting from having controlled Covid-19 early, but also aggressive policymaking targeting ind...
Although it seems like ancient history, it hasn’t been that long since economies around the world began to close down in response to the COVID-19 pandemic. Early in the crisis, most people anticipated a quick V-shaped recovery, on the assumption that the economy merely needed a short time...
Smartphone sellers in China had something to cheer about in March as domestic demand that had previously been restrained due to Covid-19 pandemic has continued to grow. Last month, China’s smartphone shipments totaled 35.3 million units, representing a year-on-year increase of 67.7%, according...
In 2021, China’s economy expanded 8.1% despite global headwinds such as COVID pandemic and disrupted supply chain, exceeding the government’s own targets. In 2022, China's economy grew by just 3% as a result of prolonged COVID-19 regulations linked to its zero-COVID policy. ...
If the rise in remote work was the defining feature of the economy associated with the COVID-19 pandemic, then that of the postpandemic economy is likely to be hybrid work: employees will be expected to show up at the office some of the time. Indeed, many want to do so—about t...