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Coronavirus: as fear factor continues, Chinese consumers seek spending on family, emotional connections

Summary:
[unable to retrieve full-text content]Since the start of the Covid-19 outbreak in China, Emma Wang has been setting aside the money she would normally have spent on going out and travelling but was unable to because of social distancing regulations.As the authorities gradually lift the containment measures across most of the country, Wang does not plan on keeping her spending subdued, but rather to spend differently. Chinese households have emerged from a lockdown into a domestic economic recession, rising unemployment and stagnant…

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[unable to retrieve full-text content]
Since the start of the Covid-19 outbreak in China, Emma Wang has been setting aside the money she would normally have spent on going out and travelling but was unable to because of social distancing regulations.As the authorities gradually lift the containment measures across most of the country, Wang does not plan on keeping her spending subdued, but rather to spend differently. Chinese households have emerged from a lockdown into a domestic economic recession, rising unemployment and stagnant…

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