Chinese companies such as Alibaba and JD.com have reported an increase in consumer spending, with faster year-on-year revenue growth in the last quarter of 2024 compared to 2023. However, consumption levels have not yet fully returned to pre-pandemic levels, with consumer confidence still needing to improve for double-digit revenue growth. Chinese policymakers are prioritizing boosting consumption, introducing subsidies for smartphones and signaling a shift in real estate policy to support market stability.
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Rotorua man charged with abducting 3-year-old from daycare for sex
SummaryJohn Tekuru, a 19-year-old, appeared in the Rotorua District Court charged with abducting a 3-year-old girl from a local early childhood center for sexual purposes. He did not enter a plea to the charge of unlawfully taking the girl on March 10 and has been remanded in custody until his next court appearance on May 14. Judge Joanne Wickliffe granted permanent name suppression for the daycare center to protect the identity of the victim. Full...
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