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China’s middle class does not ‘dare to spend’ until post-Covid economy shows clear signs of recovery (www.scmp.com)

submitted 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 0 points 10 months ago

Thing is that food is not going down anywhere in the world that I know of and its not something folks can just stop spending on and this includes the cheapest stuff. I think this is putting a damper on things everywhere.

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