Wealthy Chinese hold on spending even though others reduce again, survey finds

Wealthy Chinese hold on spending even though others reduce again, survey finds


Vital Factors
  • Wealthier Chinese were being much more inclined to invest this 12 months, although poorer persons cut again additional, McKinsey found in a study introduced Thursday.
  • The divergence contrasts with more uniformity in customer appetite before the pandemic, the report said.
  • On top rated of reporting higher discounts, far more than 50 % of respondents nevertheless predicted their domestic money would improve drastically around the up coming five many years.



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