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China has been a 'serial disappointment,' Citi Private Bank says

·1 min

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Consumer Sentiment Remains Low #

An investment counselor team lead at a prominent private bank states that consumer sentiment continues to be extremely low. This presents a significant challenge for businesses in various sectors. The prevailing pessimism among consumers has implications for economic growth and recovery. Despite efforts to stimulate spending and restore confidence, consumer sentiment remains a major hurdle. It will require targeted strategies and initiatives to address this issue and restore consumer trust.