Asian Development Bank Resident Mission

Chinese retail sales rises 15.9 per cent

Indiaretailing Bureau - October 26, 2007

China’s retail sales rose 15.9 per cent year-on-year touching 6.38 trillion yuan (US$ 851billion) in the first nine months despite soaring consumer price index, according to the National Bureau of Statistics.The growth rate of retail sales, a major gauge...

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