Economist Anthony Chan on China’s holiday retail climate

Global Business

Economist Anthony Chan on China's holiday retail climate

With just under a week to go before the Chinese New Year, retailers in Hong Kong are hoping people will start spending.

2015 was the worst year for sales in over a decade. So will this trend continue through Spring Festival, one of the city’s busiest shopping seasons.

CCTV America’s Michelle Makori spoke to Anthony Chan. He is a chief economist for Chase.

Economist Anthony Chan on China's holiday retail climate

Economist Anthony Chan on China's holiday retail climate

With just under a week to go before the Chinese New Year, retailers in Hong Kong are hoping people will start spending. 2015 was the worst year for sales in over a decade. So will this trend continue through Spring Festival, one of the city's busiest shopping seasons. CCTV America's Michelle Makori spoke to Anthony Chan. He is a chief economist for Chase.