China takes economic approach to a new level: UAE ambassador

SourceGulf Today
SectorEconomy
CountryUAE Top Picks

Dr Ali Obaid Al Dhaheri said China is transforming its domestic consumption. File / WAM The UAE Ambassador to China, Dr Ali Obaid Al Dhaheri, has said that the COVID-19 pandemic has moved China’s economic approach into a new phase, bringing more focus to domestic consumption as opposed to foreign exports. “China is transforming its domestic consumption. This was clear even before this year, as the proportion of exports in China’s GDP has dropped from ...read more...