China’s holiday spending plunges to seven-year low as zero-Covid batters consumer confidence
Hong Kong CNN Business — Holiday spending during China’s Golden Week has plunged to its lowest level in seven years, as broad Covid curbs discouraged people from traveling or spending, while a darkening economic outlook continues to erode consumer confidence. Tourist spending for the week-long holiday that started on October 1 declined 26% to 287.2 …
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Egypt Independent
October 11, 2022
