Gross domestic product, fixed asset investment and retail sales all improved from the fourth quarter, highlighting improved overall economic sentiment. Photo: Bloomberg

China consumer spending ‘not fully recovered’ from US-China trade war despite improving sentiment

  • Nominal growth rate of household consumption actually slowed further to 7.3 per cent from a year earlier, down from 8.0 per cent in the fourth quarter
  • But gross domestic product, fixed asset investment and retail sales improved from the fourth quarter, highlighting improved sentiment
Topic |   China economy

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Gross domestic product, fixed asset investment and retail sales all improved from the fourth quarter, highlighting improved overall economic sentiment. Photo: Bloomberg
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