Even though infection numbers have declined sharply from the peak in China, analysts warned that consumers are still cautious about going outside and so quick deliveries could be a way to reach them.
Peng said that industry players have been telling her that their offline channels or physical stores, have been "recovering faster than they expected" with the retail market seeing a "heavy bounce back" since the end of February.
"The China market has been recovering quite well given there was some pent-up demand before and during the lockdown," Peng said. But there are reasons to be cautious given the economic environment in China. The average estimate of 17 Chinese financial firms for first-quarter gross domestic product is a contraction of 3.4%, according to Wind Information. Meanwhile, China's"The market is starting to see Covid-19's effects on the economy itself ... So I'm not quite sure this demand is going to last," Peng said.
. Huawei was forced to release two major devices without Android and Google's licensed apps such as Gmail. This is not a big deal in China where Google services are banned and consumers are not using those apps anyway. But in international markets, where Huawei has made ground, the
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