August 10, 2022 | Report
While China’s consumption slump appears to have bottomed in June, the outlook for the remainder of the year remains bleak. Recurring COVID flareups coupled with the government’s ‘dynamic Zero-COVID’ approach will lead to continuing economic disruption and consumer confidence weakness. See more below from our latest quarterly China Consumption Outlook.
Current events sometimes change the outlook overnight. Expect updates to each quarterly Outlook as new economic data is released, domestic policy changes are announced, and geopolitical realities shift.