Asia Techonomics: Der harte Konjunkturindikator: Chinesen sparen am Urlaub
Millionen Chinesen verreisen in der anstehenden „Goldenen Woche“. Die Staatsmedien bejubeln Reiserekorde. Doch in einer Touristenhochburg zeigt sich: Das ist nur die halbe Wahrheit.
China's Golden Week, encompassing the National Day holiday on October 1st, has become a major travel period in the country. This year, with only three bridge days added to the 13-day holiday for the Mid-Autumn Festival, it stands out as the "longest holiday of the year," according to Xinhua, the state news agency. Introduced in 1999 to boost domestic tourism and consumption, the October holidays see more Chinese tourists flocking to popular sites like the Great Wall, Chengdu Pandas, and Shanghai's harbor promenade.
Social media is flooded with images of crowds visiting these iconic locations. While the Golden Week has traditionally been a period of high consumer spending, this year, Chinese people are reportedly saving money instead. The economy is reportedly struggling, as hoteliers, tour guides, and taxi drivers across China frequently lament, "The economy is running poorly."
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
