Consumer confidence in China fell over the first six months of 2002 but remained strong, according to an Asia-Pacific survey by MasterCard International. China's mid-year index of 73.6 was down from the country's highest ever score of 84.8 at the start of the year. Weaker consumer sentiment on employment (53.6) and the stock market 57.1) reduced the overall average. Consumers in Shanghai appeared to be less upbeat about the future than their counterparts in Beijing and Guangzhou.
The survey was conducted in June 2002, and involved a sample of 600 people across China's middle and upper income groups.