China Lunar New Year holiday spending, slowest increase since at least 2011

Author: Eamonn Sheridan | Category: News

This from Sunday on China consumption over the annual festival 

  • spent 1.01 trillion yuan at restaurants, shopping malls and online outlets
  • +8.5% on last year
  • the  slowest increase since at least 2011
  • slowdown underscores the weakness in Chinese consumption
Citing Ministry of Commerce figures.

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