consumers

New Business

Buy or wait? Chinese consumers bet on more subsidies to revive economy

There is a reason China’s business community is fretting. Retail sales have been sluggish this year as households lock up…

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New Business

China’s consumption drive falls on deaf ears as consumers remain cautious, ask for more

China has also allocated around 300 billion yuan (US$42 billion) worth of ultra-long-term special government bonds to support industrial-equipment upgrades…

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