Confidence among Chinese consumers fell to the lowest level in nearly a year this month despite signs that measures taken by Chinese authorities have bolstered the economy, a private report showed.
The Westpac MNI China Consumer Sentiment Index fell 7 percent to 112.6 in June from 121.2 in May, the Australian bank and the German financial news company Market News International said in a joint report on Wednesday.
(Source: Shanghai Daily)