Invest
8 Golden Ideas for China’s Golden Week 2020
By Dr Wealth  •  October 8, 2020
China’s National Day Golden Week (黄金周) is one of two week-long holidays in China, and it starts off with commemorating the founding of the People’s Republic of China on 1st October. Historically, Golden Week had existed to encourage the public to spend more and boost the domestic economy, following the Asian Financial Crisis in 1997. The initiative worked – and year after year, Golden Week marked the peak period of consumption as many Chinese use this time to make travels, discretionary purchases, and hold celebrations. This year, Golden Week coincides with the Mid-Autumn Festival and runs from 1st October to 8th October (Thursday). With Golden Week coming to an end and stock markets reopening on Friday, we think it’s interesting to explore the businesses that may benefit from this yearly holiday – especially businesses that may get a special boost from this year’s unique events (namely the COVID-19 pandemic and...
Read the full article
By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance