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HinduBusinessLine
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US Tariffs are stoking job fears in China, Morgan Stanley says
- 44% of Chinese consumers fear job loss due to US tariffs, a survey by Morgan Stanley reveals.
- 39% of respondents express increased concerns about unemployment compared to a year ago.
- Morgan Stanley survey shows low consumer confidence in China's economy, worsened by strict Covid policies.
- Outlook for spending weakens and salary cuts are a concern among Chinese consumers.
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