Our index showed the economy a tad weaker in March - but that’s good news. The smog receded, and it seems Beijing’s curbs on luxury are having some effect: premium liquor prices are falling and Audi, maker of the elites’ favourite ride, also saw sales growth drop down a gear.
Source: Reuters graphic/Catherine Trevethan, John Foley, Katrina Hamlin 26/04/2013
China Tea Leaf Index March