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: XinhuaStaff 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
Economy /  China Economy

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

Topic |   China economy
Sidney Leng
Sidney Leng

Updated: 5:12pm, 14 Dec, 2018

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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: XinhuaStaff 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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