Official: 3 reasons behind dropping consumption – Xiandai Kuaibao
From Xiandai Kuaibao via Xinhua News Agency (in Chinese), translated by CDT (link): Three reasons are behind the dropping consumption among Chinese and rising deposits: unstable income level, uncertain spendings and unsound consumption credit system. People have to increase their deposits, as a result of increased uncertainty in their job stability, as more competition is […]
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