China's Labour Day holiday inbound/outbound trips 11.279mln, +3.5% Y/Y
China's outbound and inbound trips during the Labour Day holiday saw an increase of 3.5% year-on-year.
US Envoy to India says Indian companies plan to invest over USD 20.5bln in the US tech, manufacturing and pharmaceuticals
China sells 50-year ultra-long special treasury bonds at 2.52%
China's Labour Day holiday inbound/outbound trips 11.279mln, +3.5% Y/Y
Iranian President Pezeshkian says US demands from Iran are impossible and unattainable
Chinese companies are continuing to supply drone factories in Iran and Russia with dual-use goods such as engines, computer chips, fibre optic cables and gyroscopes, despite the US sanctions, WSJ reports
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This rise indicates a recovering trend in domestic travel and consumer confidence, which could have positive implications for sectors reliant on tourism and consumer spending.
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