China's box office raked in record takings over the Lunar New Year holiday while domestic spending jumped, marking a bright showing for Chinese policymakers as they work to spur domestic demand.
——Reuters
China had a solid start to the Year of the Snake. Consumers seemed to have favoured services including culture consumption, with movie ticket sales hitting a record high. Expanded trade-in programmes boosted durables sales. Cross-border travel gained momentum, especially for inbound tourism.
——Reuters
Citi analysts said in a note, with the holiday effect and policy support, sectors such as inbound tourism, film, household appliances and electronics saw solid performance.
——CNN
