Pork seller Ma Qiang sold $35,000 worth of pork to restaurants ahead of the Lunar New Year and expected to be paid after the holiday. Then COVID-19 hit.
Services now form a key sector in China's economy.
China started 2009 weathering the global financial crisis and ends the decade battling slower economic growth and a trade war with the U.S.
While many people move away from the countryside for work, few of them are able to officially register in the cities.
Three shoe component suppliers discuss the U.S.-China trade war and the changes they have seen in the last few decades.
Global automakers, to take one example, are finding the downward trend concerning.
Some countries stockpile grain and petroleum. China has both, plus a national pork reserve.
The White House had argued that a weakening Chinese economy would give the U.S. an advantage in negotiations.