Chinese financial media is asking whether another wave of price cuts is underway, but industry sources say that these cuts are limited and won't impact the broader market.
北京惊现特价房直降100万 新一轮降价潮能否再现?
Personal Spending Jumps More than Income in March
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Disposable (after tax) income rose 0.5 percent in March. Real (inflation
adjusted) income rose 0.2 percent. The rise in spending outpaced the rise
in income.
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