Tag #Consumer Spending

Showing 109 to 120 of 357 results

china.org.cn
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Surge in Foreign Tourist Spending Fuels China's Shopping Boom

During China's May Day holiday, foreign tourist arrivals surged 43.1 percent year-on-year to 1.12 million, driven by the popularity of "China tours" on social media, resulting in a 211.6 percent increase in foreign spending in Shanghai alone, reaching 455 million yuan (about 63.2 million USD).

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52% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 75% Global Worthiness
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US Trade Deals Lower Tariffs, But Consumer Impact Varies

New U.S. trade deals with China and the U.K. will significantly lower tariffs on numerous goods, while some goods from Canada and Mexico still face a 25% tariff, prompting consumers to seek sales, consider product origins and purchase domestic products to mitigate price increases.

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40% Bias Score

Reduced Inequality
npr.org
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Reduced Chinese Consumer Spending Challenges Economic Growth Amidst US Tariffs

Amidst President Trump's tariffs and China's economic slowdown, Chinese consumers are cutting back on spending, prioritizing savings and essential purchases over luxury items and discretionary spending, posing a significant challenge to the government's economic growth targets.

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52% Bias Score

No Poverty
spanish.china.org.cn
🌐 85% Global Worthiness
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China's May Day Holiday: Record Tourism Spending Fuels Economic Growth

The five-day May Day holiday in China saw 314 million domestic trips (up 6.4%), generating 180.3 billion yuan ($25 billion) in tourist spending (up 8%), showcasing robust consumer activity and government initiatives boosting tourism and economic growth.

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48% Bias Score

Decent Work and Economic Growth
forbes.com
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ARI's 13% Revenue Growth Outpaces Competitors

Aer Rianta International (ARI) reported a 13% year-over-year revenue increase to €1.4 billion in 2024, exceeding competitor growth rates and driven by increased passenger spending and strategic initiatives, positioning the company for global expansion.

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44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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McDonald's Q1 Sales Drop Reflects Weakening Consumer Spending

McDonald's reported a 1% global comparable sales decline in Q1 2025, driven by reduced US spending (-3.6%) among lower- and middle-income consumers due to inflation and economic uncertainty, despite efforts to boost demand with value meals.

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40% Bias Score

No Poverty
dailymail.co.uk
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Wickes Group's Strong Q1 Results Drive 8.5% Share Price Surge

Wickes Group reported a strong start to its financial year, with turnover increasing by 6.9 percent to £553.1 million in the period from January to April 26th, 2025, due to warmer weather and volume-led demand; its share price increased by 8.5 percent.

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40% Bias Score

Decent Work and Economic Growth
forbes.com
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Tesla's Affordable EV: A June Announcement to Counter Declining Sales

Tesla will announce a new affordable electric vehicle in June, aiming to counter declining sales and address high EV prices, a strategy prioritizing consumer demand over autonomous vehicle development, despite significant investor interest in the Robotaxi.

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48% Bias Score

Affordable and Clean Energy
spanish.china.org.cn
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China's Tourism Boom: 130% Surge in International Bookings

International travel bookings to China surged 130% during the 5-day Labor Day holiday, with tourists from the US, South Korea, and Japan leading the way, boosting consumption and improving the country's image through firsthand experiences.

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48% Bias Score

Decent Work and Economic Growth
china.org.cn
🌐 85% Global Worthiness
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China's Booming Live Music Industry Drives Economic Growth

Fueled by rising consumer spending, China's live music industry, particularly concerts and music festivals, is experiencing rapid growth, driving services consumption and economic expansion, with events like the Bubbling & Boiling Music and Art Festival in Tianjin attracting significant out-of-town ...

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60% Bias Score

Decent Work and Economic Growth
edition.cnn.com
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US Tariffs on Chinese Goods Hike Prices on Temu and Shein, Hitting Low-Income Consumers

Increased tariffs and the expiration of a duty-free exemption on Chinese imports are causing price hikes on Temu and Shein, disproportionately impacting lower-income Americans who relied on these platforms for affordable goods, forcing them to cut back on spending.

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48% Bias Score

No Poverty
cnn.com
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Tariff Fears Drive US Consumer Spending Surge in March

Fueled by tariff fears, US consumer spending jumped 0.7% in March 2019, the largest monthly increase in over two years, driven by strong durable goods purchases, particularly automobiles, despite slowing inflation and concerns about future economic impacts of President Trump's policies.

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56% Bias Score

Decent Work and Economic Growth

Showing 109 to 120 of 357 results