(Bloomberg, New York) The results of three investigations from France, the United States and China show that China's consumption recovery in October has slowed down, and the weakening of private corporate confidence has shown that the road of economic recovery is still rugged.

According to a reported on Monday (November 13), a Chinese consumer entertainment and traffic demand indicator released by French Economic Data Analysis Company Quantcube Technology, as well as the independent consumer confidence survey of the American company Morning Consult in October in OctoberDecrease from the previous month.The investigation of private enterprises at the Yangtze River Business School of China also declined in October.

Among them, Quantcube's indicators show that China's consumption in food, housing, cultural entertainment and transportation in October is declining, especially in terms of transportation.Essence

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Morning Consult survey found that the Chinese consumer confidence index fell below 150 since February.The index can be compiled by inquiring about consumers' personal finance, business environment expectations, and attitudes to family purchases.

The operating status index of the Chinese enterprise company released by the Yangtze River Business School monthly recorded 49.8 in October, a slight drop from the 49.9 last month, but the index is still lower than 50 confidence.Among them, the profit -looking index of corporate profits that constitute an enterprise operating status index is lower than the threshold for confidence for five consecutive months, and it is not common in surveys in the past 12 years.

In addition, the National Bureau of Statistics of China announced last week that the consumer consumer price index (CPI) decreased by 0.2%year -on -year. It was the index that reappeared negative growth after two months, highlighting that China faced challenges by promoting domestic demand to promote economic recovery.

China also announced the addition of 100 trillion yuan (S $ 186.7 billion) Treasury bonds last month for post -disaster recovery and key flood control treatment projects.However, Allan Von Mehren, chief Chinese economist, believes that this is still not enough to improve consumer demand.

China will release a number of economic data including the total retail sales of consumer goods in October this week.Bloomberg expects that many indicators will improve year -on -year compared with September.