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Chinese Market | 3 Reasons Why You Must Enter the Chinese Market

February 23rd, 2023|

The Current Situation of the Chinese Market: Since 2020, due to the impact of the pandemic, the economy of China and even the world has been hit, and therefore, purchasing power has also started to decline. As of now, although China's purchasing power has not yet recovered to pre-pandemic levels, it still holds a leading position in the world - as early as 2018, China's purchasing power had far exceeded that of Western countries. One of the three reasons why you must enter the Chinese market: China's purchasing power level will quickly recover to pre-pandemic levels and surpass Western countries again. China has a population of 1.4 ...