April 4, 2023 — Nearly six months on from China dropping its zero-Covid policy, consumer spending on seafood has risen, but not by as much as some experts had expected.
China’s consumer price index rose just 1 percent in February 2023, while producer prices fell 1.4 percent, suggesting demand for goods in the domestic economy remains tepid even as China’s exports have faced weaker demand from Western markets beset by inflation.