A resurgence in travel over China's Lunar New Year holiday is offering some signs of a consumer spending pickup in the world's second-largest economy. Rail trips exceeded expectations, surpassing 2023, despite low confidence and deflationary pressures. The economy is struggling with a property crisis and consumer prices are dropping.
from News-Economic Times https://ift.tt/UEkLlcg
China holiday travel surge hints at consumer spending pickup
Related Posts:
Indian Railways plans crackdown on brokers and black marketers- Active COVID-19 infections breach 2,000 mark in Tamil Nadu
- Congress accuses Centre of 'misusing' institutions to 'divert' public attention from its 'failures'
- ED allows Rahul Gandhi's request to defer his questioning to next week in National Herald case
- Watch: Rajnath Singh drives All-Terrain Vehicle in J&K's Baramulla to reach Barakhana
0 Comments:
Post a Comment