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China's gold rush shows the Chinese still have money to spend — they're just not into Starbucks or Gucci
It also reflects that there's money in the system — but Chinese consumers are just really not that keen on dropping their hard-earned cash at Starbucks or Gucci. China's economy is facing ... Read More
China Pledges More Stimulus to Shore Up Flagging Economy
At a meeting to set the party’s economic policy agenda, China’s leadership said it would borrow more and cut interest rates in a bid to bolster growth. Read More
China tries to revive economy but consumer engine sputters
But the damage to Chinese lives and the economy is lingering ... But the consumers whose spending propels China’s economic growth are holding onto their money despite official efforts to ... Read More
China's biggest shopping festival couldn't convince consumers to spend more money
China retail sales came in well below forecast in November, when the country's biggest shopping festival of the year took place. Read More
China is doing everything it can to conceal the true extent of its economic turmoil
The sudden disappearance of the youth-unemployment ... the Chinese Communist Party's primary focus was to develop the economy, and more recently, to turn the Chinese consumer into a dynamic ... Read More
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