Per capita consumer spending in China dropped 12.5 per cent year-on-year to 5,082 yuan (US$718) in the first three months. Photo: EPA-EFE Per capita consumer spending in China dropped 12.5 per cent year-on-year to 5,082 yuan (US$718) in the first three months. Photo: EPA-EFE
Per capita consumer spending in China dropped 12.5 per cent year-on-year to 5,082 yuan (US$718) in the first three months. Photo: EPA-EFE

China economy

Coronavirus: Chinese incomes tumble for the first time on record in fresh challenge for Beijing

  • China’s per capita disposable income dropped 3.9 per cent in the first quarter, the first decline since the data series began in 2013
  • Figures released on Friday also showed the number of rural migrant workers taking jobs at the end of February plummeted by 30 per cent

Topic |   China economy
Per capita consumer spending in China dropped 12.5 per cent year-on-year to 5,082 yuan (US$718) in the first three months. Photo: EPA-EFE Per capita consumer spending in China dropped 12.5 per cent year-on-year to 5,082 yuan (US$718) in the first three months. Photo: EPA-EFE
Per capita consumer spending in China dropped 12.5 per cent year-on-year to 5,082 yuan (US$718) in the first three months. Photo: EPA-EFE
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