Business News • MarketWire • Chinese Consumers Less Optimistic About the Economy and Fewer Plan to Increase Spending in Coming Year, According to BCG Research

Chinese Consumers Less Optimistic About the Economy and Fewer Plan to Increase Spending in Coming Year, According to BCG Research

Chinese Consumers Less Optimistic About the Economy and Fewer Plan to Increase Spending in Coming Year, According to BCG Research

Chinese Consumers Plan to Spend Less Because of Skepticism About Economy; Shoppers in Lower-Tier Cities Are Feeling Especially Cautious, but the Increase in Short-Term Pessimism Does Not Mean Headwinds for the Long Term

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