Whimpers of growth in China after months of malaise haven’t convinced many consumers, experts, and investors that the economy is getting stronger.
Barron’s has tracked sentiment throughout the postpandemic period through follow-up conversations with a number of consumers and small businesses. The upshot is that they don’t see their financial situations improving.
“For myself and most of my friends in this area, we just aren’t as busy as we were before the pandemic,” Xiao Gai, a 32-year-old art director from the western metropolis of Chongqing, said in a telephone interview.
Asked if factors like the explosion of AI tools might account for her reduction in client requests, Xiao said:…
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