Storms Freeze China's Retailers
Last year, before Tang Hao went home to the central province of Hunan for Chinese New Year, he spent more than $70 to buy cigarettes and clothes to take back as presents for his parents. This Chinese New Year's, though, Tang, 24, will stay in Beijing, where he works as an editor in a research institute. He can't get train tickets to his village in Hunan because of the severe snowstorms. "I haven't given much thought about buying presents. If I can't go back home, there's no way to get them to my family," he says.
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