China’s export rose and imports plunged amid lockdown restrictions to curb the coronavirus
Even though China is curbing the virus spread, demand seems to be a major concern for the country, according to economists. Though there has been some rise in the demand, the low-income group have been the worst hit by the lockdown restrictions on movement. Services expenditure will be lower compared to last year as people would be reluctant to go to malls, to dine or to move along with family.
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