Businesses Are Beginning to Feel Coronavirus Economic Impact

Shehzad Qazi, managing director of China Beige Book International, breaks down why Jack Ma's in the spotlight and the economic outlook on China just weeks away from President-elect Biden officially takes office.

The coronavirus pandemic has added a new wrinkle in the battle for economic supremacy between the United States and China. But while the U.S. and most of the world struggled to overcome economic woes during the pandemic, China was the Only Major Economy to Report Economic Growth for 2020, expanding its GDP by over 2%. Shehzad Qazi, Managing Director of China Beige Book International, explains why this story is overblown and discusses what we should expect to see when it comes to U.S.-China relations at the start of the Biden administration.

Shehzad Qazi, managing director of China Beige Book International, discusses the new data showing how much the coronavirus has impacted the Chinese economy.