Staff members work at the distribution centre of the Hengyang branch of China Post in Hengyang City, central China's Hunan Province, November 12, 2018. Photo: Xinhua
Staff members work at the distribution centre of the Hengyang branch of China Post in Hengyang City, central China's Hunan Province, November 12, 2018. Photo: Xinhua

Lowest retail sales growth for 15 years dash China’s hopes that consumption will offset trade war

  • Plunge in car sales helps negate record online sales on Singles’ Day
  • Individual income tax breaks that took effect in October not having desired impact on spending

Staff members work at the distribution centre of the Hengyang branch of China Post in Hengyang City, central China's Hunan Province, November 12, 2018. Photo: Xinhua
Staff members work at the distribution centre of the Hengyang branch of China Post in Hengyang City, central China's Hunan Province, November 12, 2018. Photo: Xinhua
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