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In Depth: Unpacking China’s Downward Retail Growth Trend

2019年09月11日 19:39 来源于 财新网
Depressed car sales have been a big drag on consumption growth, but there’s more to the picture
Shoppers flock to the opening of a new mall in the southwestern city of Chongqing on Sept. 6. Photo: VCG

* China’s retail sales in July grew 7.6% year-on-year, marking the lowest monthly growth since April and the second-lowest since May 2003, during the SARS outbreak

* A slowdown in car sales bears some of the blame, but researchers argue that China’s retail sales indicator does tell the whole story

版面编辑:喻竹杨洋

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