China's consumer sentiment fall near 2020 lows before lifted Covid curbs

Chinese consumers last month were almost as negative about their current and future financial conditions as they were in early 2020 as the pandemic was breaking out

Chinese consumer sentiment fell in November back toward lows reached in early 2020, according to a survey that highlighted the economic pressure Beijing faces as it rolls back its most severe Covid Zero curbs. 
 

Consumers last month were almost as negative about their current and future financial conditions as they were in early 2020 as the pandemic was breaking out, according to the survey from US firm Morning Consult.

The sentiment index had been trending downward this year as the country grappled with Covid outbreaks and a property market slump. It ticked upward slightly in October before