SHANGHAI — China’s New Year holiday sales grew at a double-digit clip this year but showed clear signs of a slowdown, especially in sectors such as apparel and restaurants.
Sales in China during the New Year holiday period, which ran from Feb. 9 to 15, grew 14.7 percent over last year’s holiday, according to statistics released by China’s Ministry of Commerce. The 2012 Chinese, or Lunar, New Year celebrations came earlier in January.
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