China. Retail support by state intervention

Publication

20 May 2020 à 12h25

Reading time

3 minutes

Publication: 20 May 2020 à 12h25

Reading time: 3 minutes

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Publication

20 May 2020 à 12h25

Reading time

3 minutes

Publication: 20 May 2020 à 12h25

Reading time: 3 minutes

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Will Chinese state interventionism be sufficient to put retail back on track, at a time when G.D.P. fell by 6.8% in the first quarter of 2020, following a 6% rise in Q4 2019? This was the first decline since 1992… when such quarterly indicators began. China is now facing two major challenges. Firstly, a poor outlook for global demand is damaging Chinese exports. Secondly, rising unemployment is slowing any recovery in the country, which has the highest personal savings rate in the world, measur

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