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

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

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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