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China’s Shoppers Hit The Brakes
Published 11 months, 1 week ago
Description
China’s consumption recovery is losing steam, with August retail sales rising only 3.4% and falling short of expectations yet again. Policymakers are leaning on vouchers, cheaper credit, and holiday demand to revive momentum. Will this be enough to turn sentiment around? Catherine Lim, Senior Analyst at Bloomberg Intelligence, shares her analysis.
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