Research Fellow of Chongyang Institute for Financial Studies, Renmin University of China.
Expertise : Policy Studies; Capital Market
The banking industries of the United States and China, the two largest global economies, which are currently embroiled in a trade dispute, will make it through the COVID-19-induced crisis despite a huge slump in profits, analysts told Sputnik.
Liu Han used to carry delicacies to eat when she went home in the northwestern province of Qinghai during the National Day holiday week from October 1 to 7. But this year, she had a surprise for her parents. "I bought three electric toothbrushes costing around 600 yuan ($87) for them and myself," the middle school teacher working in Beijing said. "They had never used such a gizmo before but soon found it useful."