The Covid-19 lockdowns in two of China’s most significant cities, Beijing and Shanghai, has caused China’s economy to plunge dramatically in the second quarter. This sets the government’s annual econo…
.
Your one-stop source for retail intelligence in Asia
The Bank of Korea lowers its 2020 growth outlook
The Bank of Korea lowered its 2020 GDP growth forecast to 2.1 percent, as rising fears of the coronavirus epidemic heighten economic uncertainty in Korea.…
Japan consumption up 4% last quarter
Japan’s second-quarter consumption jumped an annualised 4%, according to gross domestic product data released this week, a sign Japan’s cautious shoppers are starting to loosen up.…