It’s a question on everyone’s mind, and on Feb. 25, CCBC members from across Canada and China listened to Danielle Goldfarb, Head of Global Research for RIWI Corporation, present the situation in statistical and analytical terms.
Despite some early-stage policy relaxations and a few new signs of life on the roads, Beijing remains unnervingly quiet this week. While Beijing struggles back into first-gear under the shadow of emerging global concerns, this week I bring you updates from several “multiplier” members – service-based companies that each engage with numerous firms doing business in Canada and China.
Covid-19 continues, and while infection rates are dropping, government is stepping up intervention measures. Work resumption, new quarantine rules and municipal business subsidies are top stories here in China. This week, I want to update you on members in two sectors critical to the long-term success of the Canada-China economic relationship: financial services and education. Organizations in both industries are reporting cautious optimism – and despite severe short-term interruptions to operations, the confidence they have in their responses to these unique challenges is inspiring.
The COVID-19 outbreak has become an issue of pressing international importance as China and the world rally to contain and fight this global health emergency. As the leading voice of bilateral business, CCBC recognizes this important moment to lend support to the Chinese people, our business partners and friends. Many CCBC members have already expressed a desire to help.
