Han Lin on BBC News discussing China’s economy prior to the New Year: ‘They’re not splashing out on new apartments or big upgrades’
“The mood isn’t gloomy but it’s modest. People are spending on moments, not making life-changing purchases,” says Han Lin, China Country Director, The Asia Group. Interview Observations: 1) Is Lunar New Year spending showing that China’s consumer is back? In Shanghai, I see crowds at train stations, packed restaurants and sold-out cinemas. People are […]