China’s retail sector is not due to fully recover for the coronavirus outbreak until the second half of 2020, according to experts.
Savills China Retail has predicted that although shoppers are now gradually returning to retail outlets and shopping malls in the country’s most affected areas, a full recovery is still months away.
China’s retail sector has largely been shut down since late January, and the rest of the world is looking towards the country for cues on how long the crisis will take to subside.
