Chun Yun

Blizzards and extreme weather could disrupt China’s Lunar New Year travel

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Snow storms and others extreme weather could disrupt transportation for the hundreds of millions who travel across China during the Lunar New Year travel period, known as Chun Yun. The China Meteorological Administration (CMA) said on Tuesday that “complex” winter weather across the country, including rain and snowcould have “a significant impact.” transportation during this … Read more

China’s Lunar New Year travel surge to boost economy, but property market and private firms remain top priority

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And economists said China needs to focus on solving its ongoing housing market crisis and helping private businesses to ensure a similar expansion in 2024, as pent-up demand fades. ‘Growth nothing to write home about’: 7 takeaways from China’s economic data After a drop of 2.3 percent in 2022 due to frequent lockdowns under China’s … Read more