In comparison, China’s economy is expected to make an almost full recovery by the end of the year. Their quick action to contain the virus has ultimately benefited the economy, and they’re already returning to normal work and consumer life as citizens feel more confident about their safety.
optimism levels, not much has changed since April, but all buy phone number list seems to be moving in a generally positive direction. However this positivity is definitely gradual, as people are wary of what lies ahead.
We are seeing that consumer mindset changes are mirroring that of previous recessions. Most shoppers are mindful of saving money and looking for less expensive products, in addition to wanting tangible safety and security measures when it comes to shopping (in store, especially).
Customers are generally looking for more indicators of safety before completely resuming normal shopping and consumption behaviors. For many, re-opening of storefronts in some areas has not caused them to revert back to their normal shopping habits, and they seek to hear more good news about the virus levels before venturing too far into public.
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