The willingness of Chinese consumers to spend has taken a hit because of a weaker economic outlook. Photo: Bloomberg

China’s big spenders are reining in on buying cars, jewellery and watches as confidence in personal finance cools, Credit Suisse says

  • Young Chinese less interested in luxury purchases of jewellery and watches
  • Consumer sentiment remains ‘strong’ in lower-tier cities
Topic |   China economy

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The willingness of Chinese consumers to spend has taken a hit because of a weaker economic outlook. Photo: Bloomberg
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