China’s consumers keep their wallets in lockdown as Covid-19 curbs ease

China is moving to spur spending that was depressed by Covid-19 curbs in some of its biggest cities, but piecemeal measures such as vouchers, subsidies for car buyers and digital yuan payments have been modest compared with other big global economies.

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June 8, 2022

China is moving to spur spending that was depressed by Covid-19 curbs in some of its biggest cities, but piecemeal measures such as vouchers, subsidies for car buyers and digital yuan payments have been modest compared with other big global economies.

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