By Yunlei Duan, Hao Zhu, Tsz Nga Tsui, Xinmeng Wang Over the past few decades, Yiwu, a small city in the middle of Zhejiang Province, has successfully transformed from a poor county to one of the wealthiest counties in China by a successful international trade business. Nowadays, the products from Yiwu are sold to over 200 countries, mostly to the Middle East, Europe, and Latin … Continue reading Dilemmas and the Way Out of Yiwu’s Global Trade
By Kaiyue Zheng, Yihang Feng, Yujing Zheng In the early summer of 2020, “street-stall economy” became a much-discussed term in China, just after Chinese Premier Li Keqiang praised and voiced his support for such an economy in his speech in June. Tens of thousands of people devoted themselves to the street vending economy, bringing long-lost prosperity to the cities and the streets, right after the … Continue reading Is the Street Stall Economy Possible for Sustainable Development?
By Ashley Zhang, Dora Ye, Amy Huang, Daisy Lu Mrs. Huang is a 50-year-old villager in Lukou, a small village near Xuzhou China, who manages a plantation business. In the beginning, her business only contained ten acres of land, and the low revenue of the business hardly allowed her to support her two daughters’ education. But when discussing Grameen Bank, her face lit up with … Continue reading To What Extent Do Grameen Bank’s Microfinance Programs Help Women in Lukou on Their Path Towards Empowerment?
By Zhifei Yang, Ruotong Guan, Xinya cai, Yiling Lu As an inland province in western China, Guizhou is relatively backward in foreign trade compared with other big foreign trade provinces. In recent years, Guizhou province has been committed to developing the international market and foreign trade. Since 2019, Guizhou’s GDP has grown rapidly, with the total value of imports and exports of goods reaching 45.357 … Continue reading COVID-19’s Impact on the International Trade of Guizhou Province Based on Stata
By Zixuan Tang, Wenxiang Diao, Yujia Guo and Yucheng Qin From the end of the year of 2019 till nowadays, the COVID-19 epidemic has been a serious problem worldwide among these several months. Developing countries like China, India, and Russia as well as developed countries like America, England, and France all suffered a lot from this tough time. The tremendous economic damage has been caused … Continue reading What is COVID-19’s Impact on American Hotel Industry?