Xinhua news reports Chinese consumer confidence rebounded for second straight month in July

Xinhua news service reported on Saturday evening,

• Citing the results of a survey – the Bankcard Consumer Confidence Index (BCCI), compiled by Xinhua News Agency and electronic transaction service provider China UnionPay
• Up 0.06 points from June to 85.33 points in July for the second consecutive month
• Xinhua attributed the rise to positive macroeconomic data, increased spending on tourism, pro-growth policies enacted in recent months

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