By  on February 8, 2017

SHANGHAI — The Year of the Rooster seems to be off to a solid start.

Retail sales in Mainland China during the Lunar New Year period rose 11.4 percent on the year to 840 billion yuan, or $122 billion at current exchange, according to the Ministry of Commerce. The holiday ran Jan. 27 to Feb. 2. Sales growth was in line with the 11.2 percent jump seen in 2016 over 2015. It also came close to meeting Fung Global Retail's forecast for 12 percent growth.

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