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Golden Week
Trends
- 1China's Golden Week travel boom hides cautious spenders▼China's Golden Week travel surge masks cautious consumer spending
Millions of Chinese travelled during the Golden Week holiday, filling transport networks and tourist sites, but Reuters reports the surge conceals more careful consumer behaviour, with travellers spending less per trip on shopping, dining and accommodation. The contrast highlights ongoing weakness in China's consumer economy, where households remain wary about incomes and the property market despite a strong appetite for travel itself.