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Cautiously optimistic: Chinese consumer behavior post-COVID-19 (McKinsey, 6 min read) McKinsey interviewed around 2,500 Chinese consumers. Around 50% of respondents to their March survey said they are optimistic that the economy will recover. Post-crisis – Chinese consumers are more likely to shop online, adopt a healthier lifestyle and consider environmentally friendly products.
Is This China’s Global Leadership Moment? (Project Syndicate, 2 min read) China should quietly win global trust by helping the United States and other countries, not out of strategic interest, but on moral grounds. Help includes; sending supplies and equipment, share its data and clinical experiences, guarantee continued operation of its medical supply chains and provide financial assistance to developing countries.