china: news and opinion

Chinese festive spending remains robust, retail sales up 13.8%

China's spending enthusiasm over the Lunar New Year holiday seemed undimmed by the global financial crisis, figures from the Ministry of Commerce showed Saturday. Retail sales rose 13.8 percent to 290 billion yuan (42.4 billion U.S. dollars), from 255... ...full story at People's Daily

from People's Daily on Sun, Feb 01 2009

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