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China's Golden Week reveals cautious consumer spending despite travel surge
Chinese visitors are returning from trips after the 13-day Golden Week holiday. Their subdued spending has raised fresh questions about domestic demand in the world's second-largest economy.
- 31.19 million travelers during Golden Week holiday
- Mid-20s traveler Ya Xi allocated 200-yuan per meal budget
- Citigroup reported 0.1% increase in holiday traffic volume
China's Golden Week reveals cautious consumer spending despite travel surge
Chinese visitors are returning from trips after the 13-day Golden Week holiday. Their subdued spending has raised fresh questions about domestic demand in the world's second-largest economy.