largest economy. industrial output is lagging and house prices have fallen at theirfastest pace in a decade, highlighting the continued strains in the property sector. retail sales though have performed better than expected. so what does this all mean for china s recovery and the global economy? let s unpack all this with our asia business reporter sura njana tewari. markets in asia here are very conscious that make cautious about that mixed bag of data coming out of china. retail sales were up by 3.7% in may and that was better than april s 2.3% growth and beat many project projections with the government crediting labour day holidays and trade in programmes to encourage consumers for all of the appliances as well as shopping festivals as reasons for the improved sales. still, though, it was the third lowest reading since last august and may not do much to overcome concerns about a lack of demand in the country and spending. house prices fell at the fastest pace in a deca
Small Business Owners Spill The Beans! Their Go-To Choice For Amplifying Sales Is Here And You Must Take Notes indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
The Honourable Commissioner for Tourism, Arts and Culture, Toke Benson-Awoyinka disclosed this during the visit of a delegation from the organisers of the planned Lagos Shopping Festival to the Ministry on Tuesday, adding that she is excited and anticipatory of the good development.
Additionally, 44 per cent of those shopping through e-commerce festive sales this year are planning to spend more than last year. However, there has been a 3 per cent decrease in overall household spending for this month compared to the previous month, states the report.
Core business grew steadily and profitability continued to improve
Results Highlights
Revenue amounted to approximately RMB10,265.2 million, representing a significant increase of 25.6%, among which. | March 28, 2023