✉news LifeTravel first seen 1 d ago, last 1 d ago, peak #2
China's Golden Week domestic travel spending reaches $110 billion
Original: China's domestic travel spend during Golden Week hits $110 billion
Domestic travel spending in China hit $110 billion during the Golden Week holiday, according to a Reuters report. The figure highlights the scale of Chinese consumer travel during one of the country's busiest vacation periods, when hundreds of millions of people typically take trips. Observers are watching the numbers as a gauge of household confidence and the strength of China's economic recovery.
Why now: Strong holiday spending figures are being read as a signal of Chinese consumer confidence and the state of the economy.
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