China's consumer spending and factory activity fell more than expected in January and February as it fought a virus outbreak, prompting some forecasters to warn this year's economic growth might slump to its lowest level since the 1970s. Photo: AP
China's consumer spending and factory activity fell more than expected in January and February as it fought a virus outbreak, prompting some forecasters to warn this year's economic growth might slump to its lowest level since the 1970s. Photo: AP

Coronavirus: global lockdown to hit China’s supplies of steak, lobster and fine wines

  • The virus will hit China’s access to premium food imports, but could also lead to a shift in spending patterns among wealthy shoppers
  • Seafood from Iceland, Australian steak and Spanish wines could be off the menu in China, but individuals say they are already cutting down

China's consumer spending and factory activity fell more than expected in January and February as it fought a virus outbreak, prompting some forecasters to warn this year's economic growth might slump to its lowest level since the 1970s. Photo: AP
China's consumer spending and factory activity fell more than expected in January and February as it fought a virus outbreak, prompting some forecasters to warn this year's economic growth might slump to its lowest level since the 1970s. Photo: AP
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