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China, Golden Week
China’s ‘Golden Week’ Holiday Brings Out Crowds. Stimulus Skeptics Are Still Out There.
Consumers traveled and spent more during the holiday but they are waiting to see if promised stimulus measures boost the economy.
China's Golden Week holiday signals persistent consumer caution
China's Golden Week holiday affirmed a trend in more cautious spending, while consumers put greater emphasis on experiences.
China’s Golden Week holiday spending lags behind pre-Covid-19 figure
While travellers made 10.2 per cent more trips this year than in 2019, spending rose only by 7.9 per cent. Read more at straitstimes.com.
22h
Tencent's WeChat Pay says transactions jump during 'golden week' after China's stimulus bazooka
Tencent Holdings' WeChat Pay, one of China's dominant digital payment platforms, saw a jump in transactions during the ...
11h
on MSN
What's Next For Chinese Stocks After Stimulus Rally Stumbles?
Key Takeaways Chinese stocks hit resistance on Tuesday after an update from the government on economic stimulus failed to ...
1d
on MSN
Rally unlikely to continue without more stimulus in China: Hargreaves Lansdown
Susannah Streeter, head of money and markets at Hargreaves Lansdown, says the rally fizzled out because there "wasn't enough detail about a fiscal stimulus." ...
16h
What China's fading stock rally could mean for investors
China recently unleashed its most aggressive monetary stimulus since the pandemic, dramatically boosting Chinese equities.
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