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China's Consumption Downgrade: Skip Avocados, Cocktails and Kids – New York Times
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New York Times

China's Consumption Downgrade: Skip Avocados, Cocktails and Kids
New York Times
Chen Siqi doesn't eat out so much anymore. Li Keli cut down on travel and takes her son to a public playground instead. Wang Jiazhi stopped dating. Welcome to China's “consumption downgrade” culture, a potentially worrisome development for Beijing and ...

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