China’s weakened consumer spending leaves ‘a lot of work to do’ in driving economic growth

Source: South China Morning PostAt lunchtime on a recent weekday, Gu Zekun removed signboards at his small restaurant inside a Beijing shopping centre.After struggling for more than a year in the throes of the coronavirus pandemic, Gu had no choice but to shut down his roast duck roll business.“Fewer people came here amid the coronavirus. Many shops have closed since last year,” Gu said, pointing to closed doors in an adjacent area that was previously occupied by small restaurants and shops. “We sold rolls at around 30 yuan …Read More

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