Beach Holidays for Some in China, Belt Tightening for Others
A person walks past footprints in the sand on a closed Shek O beach in Hong Kong, China. (Photographer: Roy Liu/Bloomberg)

Beach Holidays for Some in China, Belt Tightening for Others

(Bloomberg) -- The recovery in China’s consumption is moving in two different directions, with the wealthier shopping for luxury goods and taking holidays to the beach, while poorer households cont...
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