China inflation worries hang over store owners already struggling with weak consumer demand

Source: China – South China Morning PostFaced with global commodity prices that show no signs of retreating, store owners at Beijing’s Sanyuanli market are facing the possibility that inflation may add pressure onto China’s already weak consumer demand.With the coronavirus having weakened local demand since last year, the prices of some products such as seafood and meat have risen recently, partly due to seasonal factors, and owners are unable — or in some cases unwilling – to pass on the increased costs to customers.“Usually around…Read More

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

Generated by Feedzy