Will Chinese consumer spending catch up to support a broad ec…

Shoppers and diners have returned en masse to Chunxi Road, the busiest commercial pedestrian street in Chengdu, the capital of the southwestern Chinese province of Sichuan.Outside a hotpot restaurant, hungry patrons are turned away in the middle of the working day as the wait for a table surpasses 30 minutes. “The slots have run out,” the receptionist at Houtang repeatedly shouts at would-be walk-ins.The scene stands in sharp contrast to the situation across the country in recent months, with…

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