‘Golden Week’ bookings show changes in how Chinese are traveling

‘Golden Week’ bookings show changes in how Chinese are traveling

Outbound travel from China is set to receive a much-anticipated jolt as “Golden Week” bookings show changes in where and why Chinese people are traveling. Buoyed by falling airfares, Chinese travelers are booking more overseas trips for the National Day holiday period, which extends from Oct. 1 to 7, according to Fliggy, a major travel … Read more

Chinese travelers taking more last-minute trips as economy struggles

Chinese travelers taking more last-minute trips as economy struggles

HAIKOU, CHINA – SEPTEMBER 08: Passengers wait in line to check in at Haikou Meilan International Airport on September 8, 2024 in Haikou, Hainan Province of China. (Photo by Luo Yunfei/China News Service/VCG via Getty Images) Luo Yunfei | China News Service | Getty Images Chinese travelers are taking more last-minute trips as they become … Read more

Chinese shoppers flock to Japan to take advantage of the weak yen

Chinese shoppers flock to Japan to take advantage of the weak yen

Chuo Ward, Tokyo, Japan – February 23, 2018; Top luxury shopping streets with multi colored neon signs. Ginza avenues are lined with shops of expensive brands and restaurants in the heart of Tokyo. It is half past five p.m. on Friday. People flock to Ginza for shopping, dinner and drinking with their friends. Ginza became … Read more

Three-day hybrid work week is success, study published in Nature says

Three-day hybrid work week is success, study published in Nature says

The three-day in-office hybrid work schedule is a “win-win-win,” according to a study published in the prestigious science journal Nature.  In the study, Nick Bloom from Stanford’s Institute for Economic Policy Research — a highly regarded expert on work modes who has been researching remote productivity since well before the pandemic — provided concrete evidence … Read more

Chinese tourists pick cheaper destinations, fueling local spending

Chinese tourists pick cheaper destinations, fueling local spending

A night in China’s Guizhou province at the Cliff Hotel, pictured here, starts around $83, according to Trip.com, which says the hotel was built in 2023 with 34 rooms. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese travelers are increasingly opting for cheaper domestic destinations over foreign tourist spots. Only 14% of high-income households … Read more

Is China’s consumption story over? Here’s what experts are saying

Is China’s consumption story over? Here’s what experts are saying

A woman waits on her bicycle to cross an intersection outside a new shopping mall in Beijing, China, on Sept. 13, 2023. Kevin Frayer | Getty Images News | Getty Images After a year of uneven and disappointing post-pandemic recovery in 2023, China’s consumer sentiment may finally start to improve this year. Last year, the … Read more