Sunday, 24 May 2020

China exporters look inwards as virus hits overseas markets

China exporters look inwards as virus hits overseas marketsCancelled shipments, returned goods and a dearth of new orders have left China exporters in crisis as the coronavirus hits its trading partners worldwide -- accelerating a long-standing push towards domestic consumption. The push inwards comes from China's top echelons, with Industry and Information Technology Minister Miao Wei saying Wednesday that China aims to "rapidly activate domestic demand" to make up for the external shortfall.




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