China Consumer Sentiment Fell Near 2020 Lows Before Lifted Curbs
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Chinese consumer sentiment fell in November back toward lows reached in early 2020, according to a survey that highlighted the economic pressure Beijing faces as it rolls back its most severe Covid Zero curbs.
Consumers last month were almost as negative about their current and future financial conditions as they were in early 2020 as the pandemic was breaking out, according to the survey from US firm Morning Consult.