New Market Research Report: Consumer Electronics in China
Retail volume sales growth of consumer electronics decelerated in 2012 and 2013, compared with the double-digit increases recorded in 2010 and 2011. This was mainly because the Chinese economy slowed down in 2012 and 2013, amid the uncertain global economic performance. This led to a decline in consumer confidence, which hampered sales of products which are not widely considered to be daily necessities, such as consumer electronics. However, overall retail volume sales growth remained healthy...
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