Ticket to nowhere
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
Big-ticket items are acting as a serious drag on retail sales.
Amidst the depressing econ data released earlier this month, this is an especially concerning trend.
The details: Sales of big-ticket items fell 2.3% y/y in July. Digging into the details, July sales of specific goods saw:
Automobiles...