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China’s retail sales growth slumps to 16-year low as trade war risks rise

China’s retail sales growth slumps to 16-year low as trade war risks rise

The data suggested consumers were now beginning to cut back spending on everyday products such as personal care and cosmetics, while continuing to shun more expensive items such as cars.


The data suggested consumers were now beginning to cut back spending on everyday products such as personal care and cosmetics, while continuing to shun more expensive items such as cars.
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