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Search results for “consumer spending”
Fosun gets 6x return selling ixigo stake; Bali to reopen on Oct 14 | Daily Brief
10/09/2021
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11:09:25 PM
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Stuck in China, consumers are spending millions for luxury goods in Hainan; Chinese tourists favor private, short-distance trips.
Cryptocurrency is taking off as a way to pay for those vacation getaways
08/04/2021
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5:10:35 PM
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Consumers spent more than $1 billion in crypto on the Visa network alone in the first half of 2021.
Chinese Embassy demands reasonable flight pricing; Robotics startup secures $15M | Daily Brief
12/03/2021
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12:44:50 AM
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China's largest cruise company sets up office in Shanghai; Glamping service provider scoops $1.57 million in an angel round.
Airbnb China president to step down; China expects 127 million railway trips | Daily Brief
09/30/2021
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10:29:06 PM
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Beijing 2022 Winter Olympics will only sell tickets to Chinese citizens; Thailand targets Indian tourists to make up for absence of holidaymakers from China.
What do Gen Z travelers want from online travel brands?
09/08/2021
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1:49:23 PM
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Nearly two-thirds of Gen Z travelers, defined as those born between 1997 and 2012, are planning "revenge travel" to make up for lost trips amid the Covid-19 crisis.
Shanghai to lead China's duty-free economy, boosting local luxury consumption
09/24/2021
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12:48:49 PM
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The city’s government office aims to support and fast track companies applying for approval to sell tax free in the city.
Beijing further opens to foreign investment; Luxury hotel chain expands in China | Daily Brief
10/21/2021
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10:43:04 PM
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Northwestern China closes tourist attractions, discourages travel to control Covid outbreak; Airline discounting continues after Golden Week and winter looming.
HNA chairman, CEO arrested by police; Alibaba invests in Trip.com- and Meituan-backed firm | Daily Brief
09/24/2021
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10:29:30 PM
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Trip.com reports $100M net loss in Q2, with strong recovery in domestic market; Shanghai to lead China's duty-free economy.
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