Six months after reopening its borders, China’s economic growth remains uneven across country

South Africa News News

Six months after reopening its borders, China’s economic growth remains uneven across country
South Africa Latest News,South Africa Headlines
  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 66%

The move to fully ease one of the world’s tightest COVID-19 regimes in January this year had injected an early dose of optimism into the global economy.

, China’s economic recovery appears to be unevenly spread across the country, according to the latest data.

"We are young. I feel that if money is spent, it can be earned again. But at Disneyland, happiness is worth even more,” said one visitor. "There is a psychological rebound. After the reopening this year, everyone is going out to play either abroad or domestically,” said one resident.Despite the strong rebound in domestic tourism since the reopening, the prospects for the wider Chinese economy and employment appear less certain.

Mr Yang Qing, chairperson of the Yun Jiu Hong Human Resources Group, told CNA:"Salaries have been going down. Why? When the demand for manpower from companies is not high, it is impossible that they would attract potential employees with a high salary."Recruiters and applicants sit at a booth at a job fair at a shopping center in Beijing.

Shenzhen Panfengxiu Technology director Angela Yang told CNA:"Although China has opened up, compared to last year, the situation has not improved much. Although foreigners can enter China now, the quantity of orders placed this year is in fact not comparable to last year’s."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ChannelNewsAsia /  🏆 6. in SG

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Malaysia to hold six state elections on Aug 12, nomination day is on July 29Malaysia to hold six state elections on Aug 12, nomination day is on July 29Elections will be held in Kedah, Kelantan, Terengganu, Penang, Selangor and Negeri Sembilan. Read more at straitstimes.com.
Read more »

50 consumer complaints filed against e-commerce firm Mdada in span of six months50 consumer complaints filed against e-commerce firm Mdada in span of six monthsThe complaints were generally due to delayed deliveries, says the Consumers Association of Singapore.
Read more »

Insurers look to ease UN climate alliance rules after member exodus: SourcesInsurers look to ease UN climate alliance rules after member exodus: SourcesThey include removing a six-month deadline for members to publish emissions targets. Read more at straitstimes.com.
Read more »

Activist Greta Thunberg charged with disobeying police order at climate protestActivist Greta Thunberg charged with disobeying police order at climate protestIf convicted, Ms Thunberg can be handed a fine or up to six months in prison. Read more at straitstimes.com.
Read more »

Video platform Vimeo's CEO to step downVideo platform Vimeo's CEO to step downVideo-hosting platform Vimeo said on Wednesday that its CEO Anjali Sud will leave the company next month to pursue other opportunities.Sud, a former Amazon executive, who joined the company nine years ago as director of marketing, was at the helm of Vimeo for the past six years.Board member Adam Gr
Read more »

Jabeur says now or never for Saudi Arabia to invest in the sportJabeur says now or never for Saudi Arabia to invest in the sportLONDON : Tunisia's world number six Ons Jabeur welcomed reports of Saudi Arabian interest in tennis, saying on Tuesday the time was right for the Gulf country to invest in the sport and she would '100 per cent' compete in WTA tournaments there if it benefited players.Saudi Arabia has pumped huge amounts o
Read more »



Render Time: 2025-02-28 13:55:41