June 2, 2022
Though Shanghai will inevitably see retail bounce-back, it will be coming off a low baseline, with retail spending in April plummeting 48.3 percent year-on-year.
‘Revenge spending’ seen going for simple pleasures as Shanghai reopens
Though Shanghai will inevitably see retail bounce-back, it will be coming off a low baseline, with retail spending in April plummeting 48.3 percent year-on-year.