The Conference Board China Economy Watch (Aug 2020 Data)

The Conference Board, Inc., 7 pages, October 8, 2020
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Member businesses in China are driven, in general, by one or more of three key economic factors: investment, consumption, and trade. Our monthly China Economy Watch analysis assesses each factor in turn to inform business planning and forecasting.

Document Highlights

Recent data suggest that domestic demand is starting to catch up with China’s primarily supply-side driven recovery to date. Of note, consumer demand for small services appears to be on the rise, as evidenced by both price and employment increases in the small services segment. Corporate financing demand also appears to be increasing. These two factors suggest marginally improving consumer confidence and business sentiment in China.

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