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In Depth: Holiday Spending Gives Chinese Consumption a Needed Boost

By Sun Yanran, Feng Yiming, Guan Cong and Wang Xintong
2025年02月21日 21:52
But a relatively muted increase in tourism spending shows consumers remain reluctant to splurge, suggesting the recovery may be short-lived

The biggest highlight of the recent Lunar New Year holiday was undoubtedly the animated blockbuster “Ne Zha 2,” which has become China’s highest-grossing film ever and Asia’s first to break into the top 10 of the global box office charts.

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