Trivium Neopol - Econ and Finance | Logo 05 May 2022

Labor Day holiday report card

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For those expecting a holiday spending bonanza, we warned you this Labor Day break was going to be a dud.

On Wednesday, the Ministry of Culture and Tourism released tourism stats from the break. During the five-day holiday (21Jingji.com):

Total domestic trips hit 160 million, down 30.2% y/y, ...

Snuh-ohez.

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