China ' s ' Tomb Sweeping ' holiday spending surpasses pre-COVID levels as the country continues a slow and steady recovery

China’s crisis of consumer confidence may be turning a corner. China’s economy has been shaky for much of the past year, with economists pointing to a prolonged property crisis, stubbornly high youth unemployment, and continued costs from COVID-zero. But data from a recent April holiday may show…#covidzero #tombsweeping #mandarin #goldmansachs #citigroup #bencavender #lunarnewyear #beijing #pmi #caixinpmi
Source: Reuters: Health - Category: Consumer Health News Source Type: news