Deliverymen work among parcels beside a road in Beijing on November 12, following the Singles’ Day shopping blitz. China’s labour market has stayed resilient, despite external shocks to the economy. Photo: Reuters
Aidan Yao
Opinion

Opinion

Macroscope by Aidan Yao

The 2020 outlook for China’s economy remains gloomy, but there is one bright spot

  • The Chinese economy faces a tough road ahead, since breakthroughs in trade talks are unlikely in a US election year. A silver lining is that the rebalancing of the economy towards consumption has helped to support the labour market
Deliverymen work among parcels beside a road in Beijing on November 12, following the Singles’ Day shopping blitz. China’s labour market has stayed resilient, despite external shocks to the economy. Photo: Reuters
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