Chinese tourism is coming back but with a notable emphasis on thrift
ShareFigures for China’s domestic trips were underwhelming while each traveler spent less this year than before the pandemic.
Chinese tourism noticeably rebounded during the nation’s eight-day Golden Week holiday, typically a tourism and spending bacchanal. But consumption—and more importantly housing sales—remained sluggish.Continue reading your article with
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China’s Economic Gloom Takes Shine Off Its Golden WeekCountry Garden, once seen as one of China’s most stable property developers, is now struggling financially, leaving the future of unfinished megadevelopments like Malaysia's Forest City in doubt. Here’s how overbuilding, and a streak of bad luck, have left China’s real-estate developers in the red. Photo: Adam Adada
Read more »
Hong Kong and Australia set for stronger start; China returns from Golden WeekChinese markets are back from the Golden Week holiday, while Japan and South Korean markets are closed
Read more »
Australia markets rebound as Hong Kong faces typhoon delay; China returns from Golden WeekChinese markets are back from the Golden Week holiday, while Japan and South Korean markets are closed
Read more »
Australia markets rebound as Hong Kong cancels morning session; China returns from Golden WeekChinese markets are back from the Golden Week holiday, while Japan and South Korean markets are closed
Read more »
Australia markets rebound as Hong Kong cancels morning session; China falls in return from Golden WeekChinese markets are back from the Golden Week holiday, while Japan and South Korean markets are closed
Read more »
Australia markets rebound as Hong Kong cancels morning session; China falls after Golden WeekChinese markets are back from the Golden Week holiday, while Japan and South Korean markets are closed
Read more »