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Coronavirus: China, US consumers turn on each other’s goods as pandemic drives commercial nationalism

Summary:
[unable to retrieve full-text content]The coronavirus pandemic is fuelling mistrust among consumers in China and the United States about each country’s products, as the momentum for a decoupling between the two world’s largest economies intensifies.A recent survey by Deutsche Bank’s big data platform dbDIG showed 41 per cent of Americans would not buy a “Made in China” product again and 35 per cent of Chinese would avoid buying products “Made in USA”.Even though most consumers were not ready to completely shun each other’s goods,…

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[unable to retrieve full-text content]
The coronavirus pandemic is fuelling mistrust among consumers in China and the United States about each country’s products, as the momentum for a decoupling between the two world’s largest economies intensifies.A recent survey by Deutsche Bank’s big data platform dbDIG showed 41 per cent of Americans would not buy a “Made in China” product again and 35 per cent of Chinese would avoid buying products “Made in USA”.Even though most consumers were not ready to completely shun each other’s goods,…

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