📈 Stocks & Economy🇮🇳 India
China's Biggest Shopping Festival Loses Steam as Consumers Stay Cautious
CNBC·Thursday, 25 June 2026
Growth at China's 618 shopping festival slowed sharply this year, with the latest consumer data showing spending in China remains subdued. The numbers reinforce a broader pattern of weak domestic consumption in the world's second-largest economy.
Why It Matters
China is a major trading partner and competitor for India — weak Chinese consumer demand affects global commodity prices and shifts trade flows that India depends on.
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