China’s Economy Shows Resilience Amid Global Challenges
China’s economy demonstrates resilience and growth in 2024, with a 5.3% GDP increase in the first quarter, driven by consumption recovery and effective macroeconomic policies.
Consumption Recovery
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China’s Tourism Surge Signals Robust Consumption Recovery Post-Pandemic
China’s tourism is surging post-pandemic, with domestic spending soaring over 10% from pre-pandemic levels during the Qingming Festival. What does this mean for global brands and the retail industry?