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China urgently needs to issue 'most effective' cash coupons to boost insufficient consumption, economist says

Prominent economist Teng Tai says cash coupons are the ‘most effective way’ to encourage consumption, with Beijing having heeded calls to issue cash coupons and consumption vouchers to aid the economic recovery. ....

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China's luxury goods market: how big is it, and what impact has the coronavirus pandemic had?

China accounts for more than a third of the global luxury goods market and its share is expected to grow as more households earn upper-middle class incomes. ....

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