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Saturday, June 9, 2012

World economy is not getting any better. China has shown some indications of slowdown in its economy, in particular exports as global demand struggling and trade protectionism measured increased. Regardless the dim global outlook, China's domestic economy remains resilient with private and consumer spending continues to increase and Government is putting more efforts to encourage its population to spend more. Spending on discretionary products and services is also on the rise at the back of improving living and income conditions.

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