China has not fully recovered from the shock of the coronavirus pandemic, business leaders said in a survey by the China Beige Book released Tuesday, CNBC reports. China Beige Book conducted more than 3,300 interviews between November 12 and December 11 in its latest quarterly business activity survey. Government commentary in the last few weeks have also signaled concerns about overall economic growth. Domestic demand is a key part of Beijing’s plan for sustainable economic growth in the coming years. The Beige Book also pointed out that compared with a surge in exports, China’s imports have stalled since an initial recovery from the shock of the first quarter.

Source: The Standard December 29, 2020 09:45 UTC