Arab Today, arab today china\s consumer confidence drops in february
Last Updated : GMT 04:23:09
Arab Today, arab today
Arab Today, arab today

China\'s consumer confidence drops in February

Arab Today, arab today

Arab Today, arab today China\'s consumer confidence drops in February

Beinjing - Xinhua

Chinese consumers\' confidence dipped in February on waning market demand following the Spring Festival holiday, according to an index released Friday. The Bankcard Consumer Confidence Index (BCCI), compiled by the Xinhua News Agency and China UnionPay, a national bank card association, stood at 86.69 in February, down 0.09 points from January. On a year-on-year basis, however, the BCCI index was up 0.65 points, the organizations said in a report. The decline in the index was largely blamed on the disappearance of holiday-related factors. The proportion of cardholders\' spending on daily necessities, catering services and home appliances dropped by 3.44 percentage points, 0.74 percentage points and 0.46 percentage points from January, respectively. Meanwhile, banks\' easing of mortgage lending criteria for home buyers and recent falls in housing prices released cardholders\' demand for homes, which in turn curbed their spending on non-essentials, according to the report. The Xinhua News Agency and China UnionPay started compiling the BCCI index in April 2009 based on bank card transaction data and analyses of structural changes in urban consumption.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china\s consumer confidence drops in february Arab Today, arab today china\s consumer confidence drops in february

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china\s consumer confidence drops in february Arab Today, arab today china\s consumer confidence drops in february

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday