Report

China's Golden Week spending per trip hits four-year low as overseas travel jumps

Reuters reports the drop dashed hopes that strong travel demand would spur a broader recovery in consumer spending.

1 Source, 1h ago, first seen 1h ago

TLDR

Overseas travel jumped during China's seven-day Golden Week holiday, Reuters reports, but Chinese travelers' average spending per trip fell to a four-year low. The decline dashed hopes that strong travel demand would spur a broader recovery in consumer spending.

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