Home Business Chinese may be cutting back on spending. But there’s one area that...

Chinese may be cutting back on spending. But there’s one area that continues to grab wallet share

By
Jeanette Box
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1341
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Chinese may be cutting back on spending. But there’s one area that continues to grab wallet share

An increase in spending by “young free spenders” in China are helping the local fitness industry, according to McKinsey’s bi-annual survey of the consumer released Thursday.
Despite U.S.-China trade tensions and a slowdown in domestic economic growth, these …
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