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| Thursday, November 20, 2008 23:48:26 |
Consumption Craze Boosts Business during Chinese New Year
The Lunar New Year has proved to be a huge boost for business as many Chinese were caught in a consumption craze. Retail sales alone hit 220 billion yuan (US$27.85 billion), People's Daily reported.According to data from the Ministry of Commerce, China's retail sales surged 15 percent year-on-year to 220 billion yuan (28.2 billion ...
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