China’s Retail Sales Recovering, Though Fashion-Related Sectors Remain Behind
China’s retail sales of consumer goods have seen a slight recovery in March, up 4.7 percent, but fashion-related sectors are still behind the curve.
China retail sales of specialty stores and brand boutiques dropped by 24.7 percent and 28.7 percent in the first three months year-on-year, according to the National Bureau of Statistics. Photo: Shutterstock
China retail sales of specialty stores and brand boutiques dropped by 24.7 percent and 28.7 percent in the first three months year-on-year, according to the National Bureau of Statistics. Photo: Shutterstock