2min chapter

First Move with Julia Chatterley cover image

Featured interview: Maersk CEO Vincent Clerc

First Move with Julia Chatterley

CHAPTER

Golden Week and Revenge Spending in China

The expectation was of a very swift and sharp rebound following the opening that was certainly not what we were seeing in March instead of this both in March and in April. The lead indicators that we have for the rest of the quarter point to a gradual increase and normalization of consumption over there so we're seeing that increase it's not sharp but it is coming and and it will continue to gather strength we expect in the coming month. And even now because we're going to talk later on on the show about golden week and revenge spending that's been seen over there sort of made a made a holiday you're saying that there isn't and there hasn't been this sharp rebound but it is slowly progressing

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