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A sales representative arranges gold chains at a jewelry outlet in a department store in Taiyuan, North China’s Shanxi Province. Global gold and silver prices have surged in recent weeks and the China Gold Association on Tuesday reported a 38.25 percent year-on-year decline in gold consumption to 323.29 tons in the first half of the year. Photo: cnsphoto
While memories of a virtual standstill during last year’s Chinese New Year remain raw and fresh, recent bustling scenes of consumers across the country rushing to buy up everything from expensive gold jewelry and distilled spirits to groceries and other everyday goods ahead of the upcoming holidays offers a vivid testament to the country’s steady, ongoing recovery from the COVID-19…