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China says consumption growth likely to slow further this year

Beijing | Consumption growth in China is "very likely" to slow further this year as the economy cools, the commerce ministry said on Tuesday, underlining the rising risks facing the Asian giant as it navigates a trade war with the United States.

Chinese authorities have already rolled out a flurry of support measures to temper the effects of the trade dispute on businesses and investment, and are counting on the nation's vast consumer base to cushion a broader economic slowdown.

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Reuters

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    Original URL: https://www.afr.com/link/follow-20180101-h1b6dm