Part 2/12:
China's economic landscape is showing signs of strain, primarily due to cautious consumer spending. Household expenditures have noticeably pulled back, impacting retail sales and the property market—two sectors that are crucial to the country's economic health. While some data points suggest an ongoing recovery, experts emphasize that definitive evidence remains elusive. The path to sustained growth hinges on a gradual resurgence in consumption, which they describe as a "rotation" rather than a rapid rebound.