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China’s economic recovery normalising after coronavirus, but consumers still suffering from ‘psychological shock’

This is the seventh part in a series of stories looking at China’s economic outlook in the second half of 2021 as it continues its recovery from a coronavirus-hit 2020.China’s economy is normalising after bouncing back from the worst of the coronavirus pandemic last year, but anxiety about new virus variants and accompanying economic disruption are dragging on overall consumption.While China’s retail sales were strong in the first half of the year, consumer confidence has not yet fully…

Read the original article at South China Morning Post

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