China Spends Big on Holiday Travel, Movies and Cruises

Spending is up, even with growth slowing and stocks slumping.

Visits to the annual ice festival in Harbin jumped about 16 percent from last year, to more than 300,000.

Jeff Kearns

China's consumers increased spending on travel and entertainment as hundreds of millions of people traveled to spend time with family during the week-long holiday last week.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.