Tag #Consumer Spending

Showing 229 to 240 of 358 results

europe.chinadaily.com.cn
🌐 85% Global Worthiness
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China's 2025 Spring Festival: Services Consumption Boom

During China's 2025 Spring Festival, service consumption surged 12.3 percent year-on-year, exceeding goods consumption growth; domestic tourist trips reached 501 million, with total expenditure reaching 677 billion yuan ($92.87 billion), driven by a mix of cultural tourism and technological advancem...

Progress

32% Bias Score

Decent Work and Economic Growth
lefigaro.fr
🌐 65% Global Worthiness
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French Furniture Market Declines 5.1% in 2024 Amid Economic Headwinds

The French furniture market experienced a 5.1% decrease in value in 2024, totaling €13.8 billion, due to inflation, reduced consumer spending, and a decline in real estate sales; however, the sector anticipates a recovery in 2025 and proposes measures like allowing PEL withdrawals for furniture purc...

Progress

32% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's 2025 Spring Festival: Service Consumption Boom

During China's 2025 Spring Festival, service consumption surged 12.3 percent year-on-year, exceeding goods consumption growth, driven by a record 501 million domestic tourist trips generating 677 billion yuan ($94.4 billion) in spending, along with booming restaurant and movie sales.

Progress

44% Bias Score

Decent Work and Economic Growth
edition.cnn.com
🌐 85% Global Worthiness
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Trump's Tariff Reversal: Higher Prices for Shein and Temu Shoppers

The Trump administration's reversal of the de minimis exemption, which allowed duty-free entry of packages under $800, will increase costs and slow delivery for American consumers of Chinese goods, impacting businesses like Shein and Temu and potentially altering US-China trade dynamics.

Progress

36% Bias Score

Reduced Inequality
cnn.com
🌐 75% Global Worthiness
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Underconsumption Challenges Rise Amid Economic Uncertainty

Amid rising inflation and dissatisfaction with the new Trump administration's economic policies, "No Buy 2025" and "Project Pan" challenges are gaining popularity, with participants reporting significant savings and reduced consumer spending.

Progress

52% Bias Score

Responsible Consumption and Production
us.cnn.com
🌐 85% Global Worthiness
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Inflation Up, Core Inflation Steady as Consumer Spending Soars

The December 2024 PCE price index rose 2.6% year-over-year, driven by energy and food costs, while the core PCE index remained at 2.8%; consumer spending surged 0.7% but savings dropped, and economists warn of future risks from tariffs.

Progress

40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Global Market Uncertainty Amidst Geopolitical Tensions and Economic Indicators

Global markets face uncertainty from Middle East and Ukraine conflicts, impacting gold prices and consumer sentiment; G20 meeting, Asia-Pacific central bank meetings, and Walmart earnings are key factors this week.

Progress

44% Bias Score

Peace, Justice, and Strong Institutions
es.euronews.com
🌐 85% Global Worthiness
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China's Consumer Prices Rise, But Deflationary Pressures Persist

China's consumer prices increased by 0.5% year-on-year in January 2025, exceeding expectations due to Lunar New Year spending and government stimulus; however, producer prices remained in deflation, highlighting ongoing economic challenges.

Progress

40% Bias Score

Reduced Inequality
spanish.china.org.cn
🌐 85% Global Worthiness
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China's Spring Festival Spending Surge Signals Economic Strength

China's Spring Festival holiday (January 28-February 4) witnessed record-breaking box office revenue (9.7 billion yuan), a surge in domestic tourism (2.3 billion trips), and a 3.7-fold increase in foreign bookings for family homes, indicating strong consumer spending and economic growth.

Progress

44% Bias Score

Decent Work and Economic Growth
german.china.org.cn
🌐 85% Global Worthiness
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Record-Breaking Spring Festival Travel and Consumption in China

China's Spring Festival, ending February 5th, saw record-breaking travel (2.3 billion trips), consumption, and international tourism, boosted by its recent UNESCO intangible cultural heritage status.

Progress

16% Bias Score

Sustainable Cities and Communities
smh.com.au
🌐 75% Global Worthiness
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Australian Tax Cuts Boost Savings Despite Public Indifference

Australia's stage 3 tax cuts, implemented in July 2024, have yielded unexpected results: Australians earning $45,000-$135,000 saved 75% of their average $830 increase, defying public indifference and predictions of immediate spending. Inflation concurrently fell to 2.4%, the lowest in almost three y...

Progress

52% Bias Score

Reduced Inequality
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Trade-In Program Booms During Spring Festival

China's consumer goods trade-in program, expanded to include electronics and more appliances, saw 10.79 million electronic device applications and millions of other items traded in during the Spring Festival (Jan 20-23), boosting consumer sentiment and highlighting consumption's growing role in Chin...

Progress

48% Bias Score

Responsible Consumption and Production

Showing 229 to 240 of 358 results