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consumer spendingGlobalData
•83% Informative
China 's domestic consumers are spending less and saving more as the country experiences stagnating economic growth, rising unemployment and a folding property sector.
Since 1978 , China ’s GDP growth has averaged over 9% annually , and the World Bank estimates that this saw almost 800 million residents lifted out of poverty.
With wealth came spending, and retail thrived alongside the wider economy.
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VR Score
85
Informative language
83
Neutral language
69
Article tone
semi-formal
Language
English
Language complexity
59
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Affiliate links
no affiliate links