Shoppers browse goods for sale at a shopping centre in Beijing. A UBS survey showed that Chinese consumers were spending on goods and services, which should help a slowing economy. Photo: AP Photo
Shoppers browse goods for sale at a shopping centre in Beijing. A UBS survey showed that Chinese consumers were spending on goods and services, which should help a slowing economy. Photo: AP Photo
Consumers

Chinese consumers shrug off impact of trade war on economy with increased spending to improve quality of life

  • UBS survey shows that consumers were not only spending more on consumer goods and services, but they plan to increase it over the next 12 months.

Shoppers browse goods for sale at a shopping centre in Beijing. A UBS survey showed that Chinese consumers were spending on goods and services, which should help a slowing economy. Photo: AP Photo
Shoppers browse goods for sale at a shopping centre in Beijing. A UBS survey showed that Chinese consumers were spending on goods and services, which should help a slowing economy. Photo: AP Photo
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