Chinese takeover, benevolence for the World?
Published by Henri Lastenouse – The Alchemists, April 14, 2020
What might the gradual exit from containment in China look like and will it be benevolent to its economic partners? Recent economic statistics from China seem to reveal a gradual recovery in activity, but also a desire, already strong before the pandemic, to reduce China’s economic dependence on the outside world.
Thus, local economic activities such as shopping in the city, or going out to restaurants, are at the heart of the recovery. The sectors of everyday consumption (food, clothing, etc.) are the items in which Chinese consumers are most confident. The probability of a return to normal is more than 50%.
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