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While the trade war had been impacting China in 2019, according to McKinsey, “although traditional drivers of China’s economy—investment, exports, and manufacturing—are struggling, the country’s consumers remain confident….Consumers in China are proving to be remarkably resilient and remain a powerful, transformative force not just in China but also across the globe.” McKinsey is predicting that China’s future …
Not only has China come back online, but many of its tech giants have actually been fuelled by the Coronavirus as people have gotten more used to using online services during lockdown. Alibaba, whose B2C E-commerce Platform Taobao was essentially born out of the 2003 SARS epidemic, hasn’t done as well as tech companies that are …
Bad news first. This is worse than 2008, “much worse” according to the International Monetary Fund (IMF), which called it “A Crisis Like No Other, An Uncertain Recovery” in the World Economic Outlook Update released in June 2020. This is not just a global recession like in 2008, but more like the Great Depression that happened …
Original article by LadiesWhoTech Author Kelsey Cheng or read the article in Chinese The coronavirus outbreak has shaken up China’s investing industry, forcing start-ups to cut wages, lay off workers and put deals on hold to make it through the cash crunch. Now that China is getting back to business, the rest of the world struggles to deal with the virus, …
The coronavirus outbreak has been shaking up China’s investing industry, forcing start-ups to cut wages, lay off workers and put deals on hold to make it through the cash crunch. Now that the virus has spread beyond China’s borders and infected hundreds of thousands in more than 155 countries, the world faces an existential crisis…
The World Health Organization just declared a global pandemic. A pandemic is an epidemic (a sudden increase in the number of cases of a disease) that’s spread over several countries or continents…
The virus is hitting China’s economy hard, but this is likely only temporary. China’s immune system is fighting back — building hospitals in record time, completely locking down a city and most importantly the entire nation uniting as one voice of support and solidarity…
I just had a client who is based in China fly in to Canada, where I am traveling at the moment, to do a full day 2020 strategy session. We’ll be meeting every week until 2021 to make it a reality…
You know when you have a childhood dream, and then you grow up and it turns out not to be as glamorous or fantastic as you thought it would be? Yeah, well, that’s not what happened with me and China…
“77% Of Americans Don’t Believe The Iconic Rags-To-Riches American Dream” Forbes writes; meanwhile, according to the South China Morning Post, “young people in China are the most optimistic globally about the world’s future, but are also the most fearful about the impact of climate change.”..