China's Golden Week holiday signals persistent consumer caution
WEB9 hours ago · The Golden Week holiday in China commemorates the founding of the People's Republic of China on Oct. 1. It is the last public holiday of the year for the country. Get Tri-state area news delivered ...
China’s Golden Week holiday spending lags behind pre-Covid-19 …
WEB13 hours ago · While travellers made 10.2 per cent more trips during the Golden Week break than in 2019, spending increased only by 7.9 per cent, according to data released by the Ministry of Culture and Tourism.
China stock rally fizzles as stimulus news disappoints
WEBShares had jumped by more than 10% as trading restarted after the Golden Week holiday A stock market rally in China has fizzled out as a highly-anticipated announcement on plans to boost the ...
China’s ‘golden week’ saw spending regain its shine, buoyed by ...
WEB1 day ago · China ‘golden week’ saw spending regain its shine, buoyed by confidence boost. Chinese travellers and tourists spent 700.82 billion yuan during the just-ended holiday week – a 7.9 per cent ...
China’s Stimulus Has EV Maker Talking Best Golden Week in Years
WEB1 day ago · Tencent Holdings Ltd. 438.60. –8.32%. Follow. General Motors Co. 45.98. +0.66%. Follow. China’s multi-pronged stimulus package helped supercharge electric vehicles sales during the week-long ...
China’s consumers regain some lost lustre | Reuters
WEB2 days ago · Investors panning for consumption bright spots in the world's second-largest economy will find a bit of good news from this year's Golden Week. Average daily cross-border travel is forecast to ...
Cross-border trips near pre-pandemic levels during China’s ‘golden week …
WEB1 day ago · More than 13 million journeys were made across mainland China’s borders during the recent “golden week” holiday, almost reaching pre-pandemic levels, according to the country’s immigration ...
Golden Week: Chinese seek cheap wanderlust in economic gloom - BBC
WEBMany are spending the Golden Week holiday exploring China on a tight budget. China's gloomy economy has not dampened its people's wanderlust. It is seeing record travel for the annual...
China was hoping for a Golden Week consumption boom. It didn’t ... - CNN
WEBOct 9, 2023 · China has concluded its Golden Week holiday on a muted note, with key travel and spending data showing weaker-than-expected recovery in consumption amid a wider economic slump.
China hopes Golden Week holiday will deliver economic boost
WEBSep 29, 2023 · China hopes Golden Week holiday will deliver economic boost. Surge in consumer spending could spill over into fourth quarter and help ailing property sector. Economists said a stronger...