Retail in Asia

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Consumer confidence rises in Shanghai

Consumer confidence in Shanghai rose in 2012 from a year earlier on a recovering economy and better products provided in the city, a survey showed on Monday.

The Index of Consumer Sentiment rose to 70.12 last year from 68.89 in 2011, indicating more consumer confidence and better consuming experiences among local residents, according to Shanghai University of Finance and Economics.

 

(Source: Shanghai Daily)