MasterCard Advisors, a unit of MasterCard, has launched a business and spending analytics report in Hong Kong.
SpendingPulse features a wide range of information relevant to the retail, banking, investment and governmental industries.
“We’ve seen some steady growth in spending in recent months, which is promising as we look ahead to the Chinese New Year, beginning Jan. 31,” Sarah Quinlan, senior vice president of market insights for MasterCard Advisors, said in a statement. “This is the most important social and economic event of the year for China so far. While we expect to see that reflected in retail sales next month, spending will not be at the robust pace that we saw pre-global recession.”
Read the company’s full press release here.
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