中國經濟

Belt-tightening a distant prospect for Shanghai shoppers

Global markets may be blaming their jitters on the economic slowdown in China, but in the streets of Shanghai and Beijing there are few signs of panic over the “Black Monday” market rout .

At Shanghai’s largest Apple Store, in one of the city’s busiest shopping streets, the lunchtime crowd is as large as usual awaiting the arrival of the newest Apple smartphone model, the iPhone 6s.

“I still want to buy the iPhone 6s,” says Yu Xinyuan, a 21-year-old student in the store with Yu Yu, her boyfriend, also 21. “The slowdown in the economy won’t change my plans,” she says.

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