Jonathan Yan News Today

Total spending went up, but not spending per head. Read more at straitstimes.com.

The total spent over the May 1 to 5 holiday was 12.7% higher than last year

Reuters and staff reporter Domestic travelers spent 166.9 billion yuan (HK$181 billion) during one of Chinas longest breaks, the May Day ho...

With flights still limited, high-end shops must wait longer for return of tourists they once depended on for growth

Chinas five-day Labour Day holiday in early May was once a good excuse for a quick European jaunt - with a side of luxury shopping on the agenda. ... | May 5, 2023

SHANGHAI/PARIS : China's five-day Labour Day holiday in early May was once a good excuse for a quick European jaunt - with a side of luxury shopping on the agenda. But with flights remaining limited after China's border reopening in January, European luxury stores will need to wait longer for the return o

SHANGHAI/PARIS: China's five-day Labour Day holiday in early May was once a good excuse for a quick European jaunt -...

SANYA, China--China’s scrapping of travel curbs this month is expected to revive demand in the global luxury retail market, but many consumers see more reasons to do their high-end shopping locally on the tax-free island of Hainan.

SANYA - China’s scrapping of travel curbs in January is expected to revive demand in the global luxury retail market, but many consumers see more reasons to do their high-end shopping locally on the tax-free island of Hainan. On Wednesday (Jan 25), thousands of travellers in Hainan’s Sanya city packed the CDF Mall, a shopping centre dedicated to duty-free stores,...

While China’s luxury shoppers are free to travel to other countries, many are buying locally instead at Hainan, a tax-free island with a shopping center is dedicated to duty-free stores.