China’s affluent middle class could be key to the country’s economic recovery. Photo: AFP

Coronavirus: as fear factor continues, Chinese consumers seek spending on family, emotional connections

  • Retail sales fell by almost 16 per cent in March, but the country’s wealthy middle class can help put economy back on track, analysts say
  • But health concerns could hold back spending on restaurants, films, travel and other things that require human-to-human interaction
Topic |   Coronavirus pandemic
China’s affluent middle class could be key to the country’s economic recovery. Photo: AFP
READ FULL ARTICLE