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      Fitch Reports Weak Consumer Confidence in China Affects Domestic Consumption

      Fitch Ratings has indicated that China's domestic consumption is not expected to see significant improvement in the near future. The agency attributes this stagnation to persistently low consumer confidence among the population.

      The report highlights that various economic factors are contributing to this lack of confidence, which in turn is impacting consumer spending. As a result, the outlook for domestic consumption remains bleak, with no immediate signs of recovery.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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