New Launch - Rare Freehold Industrial Project For Sale!

New Launch - Rare Freehold Industrial Project For Sale!
Please click the advertisement to whatsapp the sales team.

Search This Blog

Wednesday, March 17, 2021

China retail sales versus USA retail sales.

 USA retail sales: -3% m-o-m



China retail sales: 0.56% m-o-m

As we can see from the US chart, US monthly retail sales would decline without the government's support (dole).  However, China's monthly retail sales had been relatively positive for the past 1 year without the government's dole.

Therefore, China's retail sales are much stronger than the US since the Chinese have a higher savings rate and without government intervention.

No comments: