A typical Chinese wedding involves a large amount of spending, including purchases of expensive items including cars, home appliances and jewellery, as well as related services such as wedding planning, catering and travel. Photo: AFP
China’s lowest marriage rate in 11 years in 2018 adds further obstacle to bid to boost consumer spending
- The number of marriages fell 4.6 per cent in 2018, with the trend continuing at the start of 2019, with a 7.7 per cent drop in the first six months of the year
- China is seeking to boost spending to aid its ailing economy, but lower birth and marriages rates, coupled with an ageing population, are thwarting efforts
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A typical Chinese wedding involves a large amount of spending, including purchases of expensive items including cars, home appliances and jewellery, as well as related services such as wedding planning, catering and travel. Photo: AFP
