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A record number of Chinese are choosing to travel at home this Golden Week holiday, potentially boosting domestic consumption but disappointing travel agents who have been waiting for big-spending...
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More Chinese people are still reluctant to spend on nice-to-haves such as overseas holidays, but how much they do spend domestically during this holiday will be a key gauge of consumer appetite
SHANGHAI--A record number of Chinese are choosing to travel at home this Golden Week holiday, potentially boosting domestic consumption but disappointing travel agents who have been waiting for big-spending tourists to go back abroad since the pandemic ended.
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