Impact of COVID 19 Pandemic and Big Data on China's International Trade: Challenges and Countermeasures.

ABSTRACT

Early 2020 witnessed the coronavirus disease 2019 (COVID-19) pandemic followed by a nationwide lockdown in the whole history for the first time. In this raising dilemma, multiple countries had a serious impact on their international trade, especially during the lockdown. It is also widely accepted that the lives of individuals had been changing ever since the spread of COVID-19. Several other sectors were badly affected during the pandemic. For the above reasons, service industries had a significant impact before and after the pandemic. Based on the data collected, it was identified that the pandemic affected the service industries, enterprises, and other organizations that contribute to the economic growth of the nation. It was also found that the pandemic has adversely impacted private and public enterprises. In addition, the study examined the impact of COVID-19 on China's international trade using artificial intelligence and blockchain technology. Another objective of the article is to examine the impact of big data on China's international trade. The study suggests upgrading the trading policies of China to deal with the challenges being faced in the trading industry.