)
Chinese companies see a spurt in earnings in 2023
While Chinese companies have reported a big spurt in earnings in the first three months of 2023, the real story lies in the consumption pattern of the Chinese population. While the covid fatigue encouraged the Chinese to spend more on dining, travel and luxury goods. Spending on daily consumer goods has remained lukewarm.
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)