Chinese New Year Travel Surge Indicates Improving Consumer Spending in China

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Chinese New Year Travel Surge Indicates Improving Consumer Spending in China

There are signs that consumer spending is improving in China, the world’s second-largest economy, which is suffering from sluggish business confidence and deflation. Travel activity increased during the long Chinese New Year holiday, significantly surpassing last year’s levels. According to official figures, more than 61 million people used trains during the first six days of […]

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https://www.newsdirectory3.com/chinese-new-year-travel-surge-indicates-improving-consumer-spending-in-china/

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