China’s National Day Spending Freeze! Shops Sell Nothing All Day—Youth Hit Back: “We Need Money!”

China’s National Day Golden Week has traditionally been a crucial opportunity for businesses across industries to recover their losses. The holiday typically brings a surge in spending at tourist attractions, hotels, restaurants, clothing stores, and entertainment venues. Businesses invest heavily in inventory, while hotel rates, airfares, train fares, and even parking fees at tourist attractions rise as operators try to squeeze more money out of tourists and offset months of losses.

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