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China’s traditional retail industry is continuing to decline with demand likely to “remain muted” into next year, according to a new Fitch report. The credit rating agency’s report covers shops and and department stores. “Not only are shopping preferences…
Official retail sales data from the mainland shows a continuation of slowing growth this year. According to the National Bureau of Statistics (NBS) China retail sales of consumer goods rose 10.2 per cent in January and February combined. That follows growth…
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