Dr Shirley Yu, Chinese economist, in her recent vlog, shared that China’s September imports & exports figures January to September, have surged compared to 2019, respectively by 13.2% and 9.9%.
The data tells the story of Chinese economy’s post COVID-19 recovery and that of the global economy’s shifting focus.
Noticeably, COVID-19 has deeply disrupted the world economy, China is now exporting to the world the much needed medical devises as well as stay-at-home necessities. Trade restriction has always resulted in procurement frenzy as tech companies such as Huawei stock up semiconductors and integrated circuits in September. The sharp increase in commodity imports show that China’s manufacturing is rapidly recovering.
Dr Shirley Yu (于泽), is a former CCTV 9 anchor, an experienced moderator and author. She holds a PhD in Economics from Peking Univeristy and started her career with investment bank Merrill Lynch in the US.
Shirley Yu wanted to be the “voice” of China’s new economic language and this prompted her to join China Central Television (CCTV) News in 2009, where she hosted the morning news bulletins, daily Wall Street market news wrap-ups.
In July 2015, amidst the China-induced global financial turmoil, Shirley moderated a panel in New York City with Dr. Alan Greenspan, Dr. Larry Summers and Steve Forbes on Chinese economy and the world, which has achieved impressive success. Since then, she has been a frequent moderator for numerous global forums, including the Boao Forum for Asia, United Nations World Investment Forum, Committee of 100 Conference, Asia Pacific Financial Conference, Australian institute of Company Directors Conference, just to name a few.
At present, Shirley continues as a business entrepreneur and independent financial host to connect China and Chinese private businesses with the world. Fluent in both English and Mandarin Chinese, Shirley is also a noted author, with three books to her name as of this time.