Lunar New Year holiday – Charm

Mission: Impossible? China faces box office blues during Dragon Boat Festival

A Hollywood film topped ticket presales for China’s Dragon Boat Festival, but latest data points to a subdued box office for the holiday season as the industry grapples with a string of underwhelming performances. The box office revenue for Saturday, the first day of the Dragon Boat Festival holiday, was estimated at 122 million yuan…

China’s economy gets New Year boost from holiday travel and shopping

Cs news5 months ago5 months ago03 mins

BEIJING: China’s sluggish domestic consumption got a boost over the weeklong Lunar New Year holiday, with travel and retail sales both offering a slight reprieve to a dragging economy facing the prospect of an escalating US trade war.Train stations and airports across the country were jam-packed for weeks as millions returned home for the festive…