Chinese consumers remain cautious on spending, chase bargains and discounts amid slowing economy: study

By Daniel Ren

Chinese consumers remain cautious on loosening their purse strings, with many inclined to hunt for value for money goods amid a gloomy economic outlook, according to a study by Bain & Co and Kantar Worldpanel.

Source: Chinese consumers remain cautious on spending, chase bargains and discounts amid slowing economy: study