China May Day holiday spending shows mixed picture on post-Covid-19 recovery
Total spending went up, but not spending per head. Read more at straitstimes.com.
Source: straitstimes.com
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China May Day holiday spending shows mixed picture on post-COVID recovery
The total spent over the May 1 to 5 holiday was 12.7% higher than last year
Source: dunyanews.tv
May Day travelers not spending as before
Reuters and staff reporter Domestic travelers spent 166.9 billion yuan (HK$181 billion) during one of China's longest breaks, the May Day ho...
Source: thestandard.com.hk
Few luxury Chinese shoppers return to Europe but they are big spenders
With flights still limited, high-end shops must wait longer for return of tourists they once depended on for growth
Source: thenationalnews.com
Analysis-Fewer luxury shoppers but bigger spenders as Chinese return to Europe
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. ... | May 5, 2023
Source: marketscreener.com