[ad_1]
China Daily.com, Oct 5 Many foreign media said that in the post-epidemic era, China’s economic recovery is accelerating, which will further attract the influx of foreign capital and also help boost countries’ economies Asian neighbors.
According to the US consumer business and news channel (CNBC) on the 5th, Invesco Asia Pacific global market strategist David Chao said that as China shows a strong rebound from the new virus pandemic from the crown, Asian economies will benefit. He said the focus is “if Chinese consumers can quickly resume normal activities. I think the Chinese people will have a much greater influence and boost other Asian economies.” His company found that during Golden Week, the number of restaurant reservations and family trips in China set “records.”
At the same time, foreign media believe that China’s economic recovery process far exceeds that of developed countries. Forbes reported on the 5th that neither a large multinational company nor a foreign company in Shanghai or Beijing wants to withdraw from China. China has recovered from the epidemic better than most Western European countries, and certainly better than the UK. They are talking about implementing more locks as cases increase. The manufacturing PMI released by the National Bureau of Statistics of China increased from 51 in August to 51.5 in September. This is the second highest level this year and has risen for seven consecutive months. The strong manufacturing PMI is consistent with the improvement in HF data driven by the manufacturing industry and the strengthening of regional business activities (mainly South Korea and Vietnam). The Caixin Manufacturing Purchasing Managers Index trend is different from the official data, but it is even higher than the official data and stabilized again at 53 in September. China is moving in the right direction. On the contrary, some European countries seem ridiculous, can we continue to call them “advanced economies”?
Foreign media believe that in the post-epidemic era, China’s economy has recovered rapidly to attract foreign investment, and the separation from China is costly. “The Wall Street Journal” published on the 5th titled “Is the cost of” delinking “companies from China as high as $ 1 trillion? According to the report, some companies hope to delink from China to some extent, or at least achieve diversification trade, to hedge political or reputational risks and prevent future shocks caused by reasons similar to the new corona epidemic. But ironically, given that China has become the first major economy to recover from the epidemic and resume growth, dependence on multinational companies in China has increased in many cases. Foreign direct investment flowing to China is recovering rapidly. Companies such as Nike and Tesla described China as a key factor supporting their performance in the second quarter At the same time, the cost of rebuilding the supply chain is really high.
The content of this website (including but not limited to text, images, audio and video), except for reprint, are all copyrights of Time Online. Reprinting, linking, republishing or other use without written permission is prohibited. Anyone who violates the above statement will be liable for this website. For other media, websites or personal use, please contact Mr. Ding on this website: [email protected]Return to Sohu to see more
Editor:
Disclaimer: The opinions in this article only represent the author himself. Sohu is an information publishing platform. Sohu only provides storage space services.
[ad_2]