China is feeling the slump post-Golden Week

Trade & Border IssuesHot Spots
Written By Jennifer Joslyn

🇨🇳 China is feeling the slump.

Covid-19 rules discouraged tourism in China this week during this year’s October Golden Week, sending its domestic spending on a downward trajectory. China’s consumer recovery is already struggling, and lower-than-expected holiday numbers are worrying those who are noticing the growing risks. Bejing’s Covid Zero policy is unlikely to be eased until March of 2023 and a deterioration of the world’s second-biggest economy signals a broader continent-wide economic downtown.

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Jennifer Joslyn
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