The Zero-COVID lockdown’s long-term impact on Chinese consumption The outbreak of the COVID-19 pandemic in 2019 and the consequent containment measures have forced consumers to stay at home, as a result, shopping habits significantly shifted. Indeed, the pandemic...
SHANGHAI’S 25 MILLION PEOPLE UNDER LOCKDOWN Despite promises to the contrary, Shanghai’s government initiated one of the world’s strictest lockdowns on March 28th. Local schools had already been subjected to online classes several weeks earlier, and district-level...
