Plunging Chinese Retail Sales Sends Yue Yuen Lower
Pou Sheng retail sales declined 83% in Feb. to $44,283,000 from $259,027,000 as store closures and reduced traffic due to the coronavirus decimated what was already a seasonally slow month because of Chinese New Year. Overall, Yue Yuen sales dropped 37% to $426,778,000 from $672,971,000, implying an ... Log in to view full article.
