Total social consumption in July grew by a meager 0.6% year-on-year, with branded consumption in shopping malls dropping by 3.4% while small shop consumption bucked the trend to grow by 3.1%, forming a clear consumption-downgrading scissors gap.
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Total Social Consumption in July Increased Slightly by 0.6%, Showing a Consumption Scissors Gap Between Malls and Small Shops
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China's Share of Exports in New Industries Surpasses Domestic Demand Within Eight Months
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Net Fiscal Contribution of New Industries in July Drops to Negative 10.3 Billion Yuan
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China's July export growth highly dependent on a few products
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China's General Administration of Customs Releases August Foreign Trade Data, Dollar-Denominated Exports Rise 25% Year-on-Year
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