Flavour of the month: the government now says China’s street vendors are vital to the economy. Photo: AFP Flavour of the month: the government now says China’s street vendors are vital to the economy. Photo: AFP
Flavour of the month: the government now says China’s street vendors are vital to the economy. Photo: AFP

China stock market

Business /  Markets

Beijing’s change of heart on street vendors sparks stock market frenzy as traders predict surging demand for vans, kitchenware, umbrellas

  • Investors believe products of use to hawkers, like vans and umbrellas, will be in high demand after the government signalled its support for stall owners
  • Beijing is now touting tiny street vendors as vital to a floundering economy, a dramatic U-turn from its previous attitude

Topic |   China stock market
Yujing Liu
Yujing Liu

Updated: 4:45pm, 5 Jun, 2020

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Flavour of the month: the government now says China’s street vendors are vital to the economy. Photo: AFP Flavour of the month: the government now says China’s street vendors are vital to the economy. Photo: AFP
Flavour of the month: the government now says China’s street vendors are vital to the economy. Photo: AFP
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