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Businesses, economists positive on consumption rebound soon

As Chinese people opt to avoid going out in face of COVID infection surge this week amid government’s efforts to flatten the infection curve, consumption is seen as being a major casualty, but Chinese economists said the impact will be rather temporary, with even no major dent on the December consumption data expected.
Yang Ying Li Keqiang Kristalina Georgieva Liu Renjun Xu Xiaolei Economist Forum

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