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McKinsey — How Chinese consumers are changing shopping habits in response to COVID-19

Summary:
Online sales continue to benefit and offline sales lag, as would be expected. Probably too early to tell whether and how much this will persist.McKinseyHow Chinese consumers are changing shopping habits in response to COVID-19 Xin Huang is a partner in McKinsey’s Hong Kong office, where Sha Sha is a senior partner; Dymfke Kuijpers is a senior partner in the Singapore office; Lavonda Li is a consultant in the Shanghai office, where Chenan Xia is a partner.See also at McKinseyFast-forward China: How COVID-19 is accelerating five key trends shaping the Chinese economy Nick Leung is chairman and Joe Ngai is managing partner of McKinsey’s Greater China region; Jeongmin Seong is a partner and Jonathan Woetzel is a senior partner and director of the McKinsey Global Institute.

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Online sales continue to benefit and offline sales lag, as would be expected. Probably too early to tell whether and how much this will persist.

McKinsey
How Chinese consumers are changing shopping habits in response to COVID-19

Xin Huang is a partner in McKinsey’s Hong Kong office, where Sha Sha is a senior partner; Dymfke Kuijpers is a senior partner in the Singapore office; Lavonda Li is a consultant in the Shanghai office, where Chenan Xia is a partner.

See also at McKinsey
Fast-forward China: How COVID-19 is accelerating five key trends shaping the Chinese economy

Nick Leung is chairman and Joe Ngai is managing partner of McKinsey’s Greater China region; Jeongmin Seong is a partner and Jonathan Woetzel is a senior partner and director of the McKinsey Global Institute.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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