Thursday, 16 June 2011

Consumers Fade in China Economy Racked by Inflation With ‘Peak Days’ Gone

At the Haiyang Zhuangshi Co. hardware store in Beijing, sales of paint and aluminum window frames are slowing, one sign of a diminished role for consumer spending in China that’s foiling government objectives. “It seems the peak days are gone,” said owner Hu Mengbin, 42, whose daily revenue ...


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