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Will Chinese consumer spending catch up to support a broad economic recovery from coronavirus?

Shoppers and diners have returned en masse to Chunxi Road, the busiest commercial pedestrian street in Chengdu, the capital of the southwestern Chinese province of Sichuan.Outside a hotpot restaurant, hungry patrons are turned away in the middle of the working day as the wait for a table surpasses 30 minutes. “The slots have run out,” the receptionist at Houtang repeatedly shouts at would-be walk-ins.The scene stands in sharp contrast to the situation across the country in recent months, with…

Read the original article at South China Morning Post

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