The Conference Board China Economy Watch: Data show early signs of improving consumer and business sentiment (Aug 2020 Data) | The Conference Board
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CHINA CENTER PUBLICATIONS

The Conference Board China Economy Watch: Data show early signs of improving consumer and business sentiment (Aug 2020 Data)

Recent data suggest that domestic demand is starting to catch up with China’s primarily supply-side driven recovery to date. Of note, consumer demand for small services appears to be on the rise, as evidenced by both price and employment increases in the small services segment. Corporate financing demand also appears to be increasing. These two factors suggest marginally improving consumer confidence and business sentiment in China. 

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