China’s consumption is expected to BOOM in 2Q led by steady growth in April and the massive surge in May.
More coming by the looks of it.
19.7M railway trips were made across #China on 4/29, the highest on record for a single day. China Railway Group expects traffic to rise to a record 120M, ↑ 20% from '19.
YoY Revenue ↑
- Key food chains 37%
- Retail/catering firms 21%
- Clothing 21%
- Jewelry 17%
19.7M railway trips were made across #China on 4/29, the highest on record for a single day. China Railway Group expects traffic to rise to a record 120M, ↑ 20% from '19.
YoY Revenue ↑
- Key food chains 37%
- Retail/catering firms 21%
- Clothing 21%
- Jewelry 17%
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HopelessChi : US rallied with soothing US data and chinese stocks is unable to catch up. recovery of NYSE indexes is on track to deliver a good return in 2023. Chinese stocks YTD is delivering negative returns.