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Chinese consumer confidence rose to a seven-year high in Q1, making China the world's fourth...

Chinese consumer confidence rose to a seven-year high in Q1, making China the world's fourth most optimistic nation, but that hasn't translated into increased consumer spending. In fact, China's discretionary spending has actually cooled as consumers opt to either save money or pay for education for their children.
Comments (1)
  • bbro
    , contributor
    Comments (9330) | Send Message
     
    Where is the savings going??
    17 May 2012, 05:52 AM Reply Like
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