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Spring Festival

Every story tagged Spring Festival on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

Stories tagged Spring Festival

2 stories in this topic

Chinese spend $13.8bn abroad during Spring Festival
Minjun ParkLiving

Chinese spend $13.8bn abroad during Spring Festival

During the Chinese Spring Festival, 6 million Chinese travelled overseas and spent a total of 90 billion ($13.8 billion) yuan on shopping. The products they purchased abroad included expensive luxury items, smart bidets, and electric rice cookers, but…

spring fest
Wei ZhangGeneral

Spring Festival retail gloom

Fortune seems to have favoured Macau over Hong Kong during last week’s Spring Festival. But both territories suffered from the ongoing change in Mainland Chinese travel habits. Data from the Macau Government Tourism Office showed 548,536 tourists arrived in…

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