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Tag: Consumption Plunges

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2025-10-07 10:57

Beijing’s Consumption Plunges; Expert: Systemic Reform Needed

From January to June 2025, the profit of Beijing’s accommodation industry fell by 92%. (Video screenshot) [People News]  According to data released by the Chinese Communist Party (CCP) authorities, consumer spending in China’s first-tier cities is more severe than the…