CGTN published this video item, entitled “Is it wise to start a business during a recession?” – below is their description.
For more: https://news.cgtn.com/news/2020-10-29/Is-it-wise-to-start-a-business-in-an-economic-recession–UYAI8TA6Q0/index.html https://news.cgtn.com/news/2020-10-30/How-can-startups-get-seed-stage-funding-amid-the-epidemic–V0fghuLmO4/index.html The World Bank estimates the global economy will shrink by 5.2 percent this year due to the COVID-19 pandemic. However, some of the most well-known businesses started during economic recessions. Unicorns like Airbnb and Uber were founded during the 2008 global financial crisis, and Alibaba’s Taobao was launched during the 2002-2003 SARS outbreak. So, is it wise to start a business during a recession? The short answer is in the video!
CGTN YouTube Channel
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