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China's Consumers Haven't Been This Confident in Two Decades

Wages are rising, growth is robust and the yuan is on a tear
Why China's Consumer Confidence Is Surging
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With things looking up across China’s economic dashboard, sentiment among consumers and households is the strongest in more than two decades.

The consumer confidence index climbed to 114.6 in July. That’s up from last May, when it dipped below 100, the line separating optimism and pessimism.