Global leaders across various sectors are looking for ways to strengthen their organization’s response to the crisis and learn what changes they will encounter in the future. Looking at China’s economic progress and recovery has helped organizations get a glimpse into how various sectors have responded to the crisis, and what options organizations can have when taking the next step forward.
Keeping a pulse on China’s economy will give insights into the ways that various sectors are responding to the crisis, and what areas of China have been the most affected. Our Economic Recovery Tracker provides a dynamic and in-depth look at different perspectives of China’s response to the crisis such as: We spoke to leaders across industries and business functions and found these to be the most common challenges they foresee:
Read how this crisis has impacted China’s economy, people and future in order to learn how you can adapt to a new normal.
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China is almost 4-10 weeks ahead of rest of the world when it comes to Covid-19 outbreak and its implications for the country’s economy. Not surprisingly, Covid-19 had a strong negative impact on China’s GDP during Q1 2020 with projected Q1 Real GDP growth expected to decline from pre-Covid-19 projection of 5.9% YoY growth to post Covid-19 projection of 0.2% YoY growth for Q1 2020. Projections are as of Mar 31, 2020.
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As China heads to a long Labor Day weekend (1st to 5th May), the uppermost question in the minds of all policymakers, is how to spur more consumption and get the economy back on the path to recovery as quickly as possible.
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China was under lockdown since late January, and is now coming back to a new normal.
China’s Economic Recovery – Weekly Briefing
There has been a high level of interest from our clients and partners on the recovery in China.
