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Chinese consumers aren't buying enough stuff, and it's taking a toll on the economy

Beijing framed China's second-half growth positively but acknowledged "insufficient" domestic demand.

By: Business Insider

Aug 16 2024
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Chinese consumers aren't buying enough stuff, and it's taking a toll on the economy

Residents select products at a supermarket in Shanghai, China.CFOTO/Future Publishing/Getty Images

China's economy grew 4.7% in Q2, missing the 5.1% growth forecast by analysts.
June… [+3138 chars]

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Secret Service busted into a salon to let people use the bathroom during a Kamala Harris fundraiser, business owner says