China's trade unexpectedly shrinks as COVID curbs, global slowdown jolt demand
BEIJING, Nov 7 (Reuters) - China's exports and imports unexpectedly contracted in October, the first simultaneous slump since May 2020, as a perfect storm of COVID curbs at home and global recession risks dented demand and further darkened the outlook for a struggling economy. The bleak data highlights the challenge for policymakers in China as they press on with pandemic prevention measures and try to navigate broad pressure from surging inflation, sweeping increases in worldwide....
The triple effect of COVID-19 on Chinese exports: GVC contagion effects dominate export supply and import demand shocks
The COVID-19 pandemic has caused one of the most severe contractions in international trade since the Great Trade Collapse, leading to comparisons between the two episodes. While the Great Trade Collapse has been clearly linked to the collapse in international demand, this column argues that the COVID-19 pandemic has the potential to impact trade through multiple transmission channels, highlighting the role of global value chains in the transmission......
When will the Next Dyson Appear? Chinese Home Appliance Brands Going Global Analysis
Chinese home appliance exports are not only well-developed but also resilient. A line from an ancient Chinese poem goes as follows: "Only when the sea is crossed will the heroes show their true colors." Likewise, these companies working in a competitive but opportunity-laden sector will have an interesting future and many challenges ahead.
CHINA HOME APPLIANCES MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2022 - 2027)
China is the fastest-growing home appliances market in the world. The Chinese home appliances market is undergoing lucrative growth due to improving disposable incomes, urbanization, product mix rebalancing, and increasing consumption of white goods in rural areas. Since it has more advanced technologies and is relatively cheaper, it has a competitive advantage among others in the market, which adds value to its exports.