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China dials up mobilization push for regional economic powerhouses to rev up recovery

China has dialed up a mobilization push for its regional economic powerhouses to play a central part in revving up the recovery of the world s second-largest economy, injecting optimism into the economic resilience despite a gloomy and increasingly uncertain outlook globally.

China s Yiwu sees strong rebound in Christmas orders, but new problems emerge

For Christmas product sellers in Yiwu, the world s largest wholesale market for Christmas ornaments in East China’s Zhejiang Province, the business winter they experienced last year because of the coronavirus outbreak has passed, but the spring has not yet come, as new problems like rising raw material costs and labor shortages emerge in 2021, preventing a full-fledged recovery.

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