China’s retail sales growth slowed in November, as coronavirus outbreaks continued to disrupt production and the labour market, with consumption’s contribution to China’s gross domestic product growth having declined since the start of the year. Photo: Getty Images
China’s flagging consumer spending prompts cities to hand out tens of millions of yuan in shopping vouchers
- China’s retail sales growth slowed in November, as coronavirus outbreaks continued to disrupt production and the labour market
- Consumption’s contribution to China’s gross domestic product growth has declined since the start of the year
Topic |
China's economic recovery
China’s retail sales growth slowed in November, as coronavirus outbreaks continued to disrupt production and the labour market, with consumption’s contribution to China’s gross domestic product growth having declined since the start of the year. Photo: Getty Images
