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China’s Economic Growth Drives Global Recovery

Chinese have regained confidence and are spending at levels seen before the outbreak of the COVID-19.

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By: TOM BRANNA

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The COVID-19 pandemic changed the way consumers work, spend and play. It didn't change the fact that China remains the growth engine of the global economy, according to McKinsey & Co. Therefore, it is critical to understand the impact that the pandemic had on the world's No. 2 economy.  A report, “Understanding Chinese Consumers: Growth Engine of the World,” looks at how the pandemic impacted buying patterns, uncovers new pockets of growth and updates digital strategie...

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