Consumer goods demand saw a strong recovery in the October-December quarter, driven by GST cuts and easing inflation. Sales of electronics like ACs and TVs rose significantly, marking the retail market’s best growth phase in over 18 months. Retailers remain cautious but inventory levels have decreased.
China reportedly drops rules that sparked property crisis, developer shares surge
Chinese property developers are no longer required to report monthly data related to the country’s “three red lines” policy, local media said on Thursday, an