• 11/25/2024

China’s consumers spend US$21 billion during May Day holiday, but easy part of economic recovery ‘is done’

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Domestic tourism revenues jumped to 101 per cent of pre-pandemic levels during the five-day ‘golden week’ holiday in China, but analysts have warned the explosion of pent-up demand might not be sustainable.

https://www.scmp.com/economy/economic-indicators/article/3219381/chinas-consumers-spend-us21-billion-during-may-day-holiday-easy-part-economic-recovery-done?utm_source=rss_feed