Chinese Consumers Feeling Bullish in Q1 2025! 🚀 Is China’s consumer confidence back? Our latest Deutsche Bank survey suggests it might be! Deutsche Bank's Data Innovation Group (dbDIG) surveyed Chinese consumers in Q1 2025 and found a surge in optimism about income and spending. 📈 The results show that 54% of respondents reported feeling financially better off than a year ago, especially among those aged 35 and above and in Tier 1 cities. Increased confidence translates into a spending spree. Discretionary spending willingness hit a one-year high at 52%. Interestingly, sentiment in the property sector remains cautious despite recent market improvements. 💬 "The government's policy stimulus since September 2024 has visibly improved income expectations among Chinese urban residents," says Yi Xiong, our Chief Economist for China. This uptick in consumer sentiment aligns with the government's efforts to boost consumption. New initiatives, such as childcare subsidies and improved leave policies, aim to encourage spending further. #China #ConsumerConfidence #Economy #dbresearch
