According to Nielsen, China Consumer Confidence in Q1 slowed to 106 from 107 in Q4 and 111 y/y - Shanghai Daily
- Willingness to spend still rose 2pts to 44..
- Nielsen exec: "Chinese consumers' willingness to spend is seeing a recovery especially in lower tier cities and the increasing disposable income, the low inflation level as well as the booming e-commerce development all suggest huge growth potential for consumer spending."