New surveys showing weak consumer sentiment has cast doubt over a second quarter economic rebound in China. Photo: EPA-EFENew surveys showing weak consumer sentiment has cast doubt over a second quarter economic rebound in China. Photo: EPA-EFE
New surveys showing weak consumer sentiment has cast doubt over a second quarter economic rebound in China. Photo: EPA-EFE

Coronavirus: Chinese consumers less willing to splurge, casting shadow over second quarter rebound

  • Chinese consumers were less willing to spend money in May than March, when large parts of the country were still under coronavirus lockdown, a new survey shows
  • The weak consumer sentiment has cast doubt over second quarter growth, which some economists expect to turn positive

Topic |   China economy
New surveys showing weak consumer sentiment has cast doubt over a second quarter economic rebound in China. Photo: EPA-EFENew surveys showing weak consumer sentiment has cast doubt over a second quarter economic rebound in China. Photo: EPA-EFE
New surveys showing weak consumer sentiment has cast doubt over a second quarter economic rebound in China. Photo: EPA-EFE
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