by The Guardian casts doubts over the extent of China's economic recovery from covid, but the Chinese people don't. Over the weekend, crowds packed a former industrial warehouse in Beijing as the China Fashion Week got underway, with models strutting mask-less on a square runway and guests oblivious to social distancing norms.Similarly vibrant scenes are being seen elsewhere in China as consumers return to cinemas, live performances and restaurants.To many, they indicate a late-summer recovery in Chinese household spending is broadening and propelling the next stage of the economic recovery.Reuters Reuters - Packed bars and mask-less catwalks: With Covid curbs fading, China set for consumption rebound
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model
Mike Norman writes The Accursed Tariffs — NeilW
Mike Norman writes IRS has agreed to share migrants’ tax information with ICE
Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius
The Guardian casts doubts over the extent of China's economic recovery from covid, but the Chinese people don't.
Over the weekend, crowds packed a former industrial warehouse in Beijing as the China Fashion Week got underway, with models strutting mask-less on a square runway and guests oblivious to social distancing norms.
Similarly vibrant scenes are being seen elsewhere in China as consumers return to cinemas, live performances and restaurants.
To many, they indicate a late-summer recovery in Chinese household spending is broadening and propelling the next stage of the economic recovery.
Reuters