📈 Stocks & Economy🇮🇳 India
China's Consumer Slowdown Deepens: 618 Shopping Festival Growth Slows Sharply
CNBC·Wednesday, 24 June 2026
China's 618 shopping festival, one of the country's biggest annual sales events, saw growth slow sharply, reinforcing that consumer spending in China remains subdued. The latest data add to a pattern of weak consumption in the world's second-largest economy.
Why It Matters
China is a major trading partner for India, and weak Chinese demand can affect Indian exports, commodity prices, and global growth — all of which touch Indian businesses and jobs.
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