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International Law

: China Briefing Blog

Lunar New Year Holidays Boosts Spending by 13 Percent

By China Briefing

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Feb. 1 - China’s Ministry of Commerce announced retail sales increased by 13.8 percent to RMB290 billion during the Lunar New Year holidays despite the slowing economy, compared to the same period last year. The figure may point to a stable Chinese consumer sector that posted a 19 percent increase in retail sales last December. Nationwide food [...]

Full post as published by China Briefing Blog on February 01, 2009 (boomark / email).

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