New spending trends thrive amid China’s ‘staying put’ holiday

The Chinese Lunar New Year holiday has traditionally played an important role in driving consumption, especially tourism. However, the week-long holiday this year witnessed different consumption patterns as people were encouraged to “stay put” to prevent the spread of COVID-19.

Here are some fresh spending trends evidenced by online payment data, indicating robust service activities during the holiday.


The Spring Festival…

Read further.

India may soon reopen doors for foreign tourists from ‘COVID-safe’ countries

Yahoo News

Israel cancels participation in UAE defence expo, citing air travel curbs