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https://www.forbes.com/sites/kenrapoza/2020/05/15/china-stimulus-takes-country-further-into-post-pandemic-land/

China Stimulus Takes Country Further Into Post

2020-05-15 00:00:00, Kenneth Rapoza, Forbes

Content Categorization
/News

Word Count:
1035

Words/Sentence:
20

Reading Time:
6.90 min

Reading Quality:
Adept

Readability:
13th to 15th

Media Sentiment
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RCS Analysis
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Risk Score
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PESTEL Scope
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Entity Word Cloud
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Auto Summary
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Some 20% of all retail goods were sold online versus 11% here in the U.S. While the numbers from 2019 are impressive, this year's report will likely find that a drastic increase occurred in the first half of 2020 due to quarantines, Ahern says.

Support for the Chinese Communist Party is highly dependent on the economic opportunities and health of hundreds of millions of Chinese, many of whom are angry about the way the government handled the outbreak, especially in Hubei province.

The slower-than-expected recovery of domestic demand, high unemployment, and a deep global recession, not to mention worsening U.S.-China tensions, means Beijing will be forced to do all it can to stabilize the job market.

Using shipping data as a proxy for Chinese trade out of some of the largest Chinese ports, shipping activity has rebounded to near 90% of pre-outbreak levels, RBC Capital analysts said in a report released on Thursday.

(AP Photo/Mark Schiefelbein)

ASSOCIATED PRESS

Up to mid-April, the magnitude of China's policy stimulus seemed to have been dwarfed by that of other countries and have fallen short of market expectations.

Keywords
china stimulus, A-shares, Pandemic, china post-pandemic, china recovery, coronavirus, TS Lombard

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