China, US Consumers Are Now Turning On Each Other’s Goods As Pandemic Tensions Stoke Commercial Nationalism - Hallo friendsTODAY'S NEWS AND ACCREDITED, In the article you read this time with the title China, US Consumers Are Now Turning On Each Other’s Goods As Pandemic Tensions Stoke Commercial Nationalism, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article BANKING, Article CULTURE, Article ECONOMIC, Article HOTELS, Article POLITICAL, Article SOCIAL, Article SPORTS, Article TOURISTS, Article TRAVELING, We write this you can understand. Alright, good read.

Title : China, US Consumers Are Now Turning On Each Other’s Goods As Pandemic Tensions Stoke Commercial Nationalism
link : China, US Consumers Are Now Turning On Each Other’s Goods As Pandemic Tensions Stoke Commercial Nationalism

China, US Consumers Are Now Turning On Each Other’s Goods As Pandemic Tensions Stoke Commercial Nationalism

The coronavirus is driving consumer nationalism in China and the US. Photo: AFP

SCMP: Coronavirus: China, US consumers turn on each other’s goods as pandemic drives commercial nationalism

* Deutsche Bank survey shows 41 per cent of Americans will not buy ‘Made in China’ products again, while 35 per cent of Chinese will avoid US goods
* Trump’s election-year broadsides and China’s assertive diplomacy boost distrust between the two powers

The coronavirus pandemic is fuelling mistrust among consumers in China and the United States about each country’s products, as the momentum for a decoupling between the two world’s largest economies intensifies.

A recent survey by Deutsche Bank’s big data platform dbDIG showed 41 per cent of Americans would not buy a “Made in China” product again and 35 per cent of Chinese would avoid buying products “Made in USA”.

Even though most consumers were not ready to completely shun each other’s goods, the survey results indicate a rise in commercial nationalism
and a growing distaste for globalisation, as both economies emerge from the coronavirus crisis, said Apjit Walia, an analyst at Deutsche Bank.

Read more ....

WNU Editor: I am surprised that these percentages are not higher.

Thus Article China, US Consumers Are Now Turning On Each Other’s Goods As Pandemic Tensions Stoke Commercial Nationalism

That's an article China, US Consumers Are Now Turning On Each Other’s Goods As Pandemic Tensions Stoke Commercial Nationalism This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article China, US Consumers Are Now Turning On Each Other’s Goods As Pandemic Tensions Stoke Commercial Nationalism with the link address https://todaysand.blogspot.com/2020/05/china-us-consumers-are-now-turning-on.html

Tweet

Subscribe to receive free email updates: