China’s big consumer market isn’t rebounding to pre-pandemic levels just yet
Tourists visit ice sculptures in Harbin, Heilongjiang province on New Year's Day 2023.China News Service | VCG | Getty ImagesBEIJING — It's going to take time for Chinese consumers to really start spending again, despite China's abrupt shift toward reopening.About a month after Guangzhou city resumed in-store dining, local coffee shop owner Timothy Chong said revenue was recovering — to 50% of normal levels."In late December, customer flow gradually normalized, with a slight upward trend, but business volume still needs…