Bloomberg Daybreak Asia: China Rates, APAC Markets
Bloomberg Daybreak: Asia Edition
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Travel and Spending Trends in China
This chapter explores the recent data on travel during the lunar New Year's season in China, indicating an increase in rail and road trips but middling spending per trip. It discusses the deflationary pressure in the Chinese economy, weak sales of durable goods, and the importance of early indicators to gauge economic activity.
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Transcript
