CHINA TOPIX

12/22/2024 10:32:28 pm

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Chinese splurge on Spring Festival spree via UnionPay

UnionPay Transactions in China Surge During Spring Festival

Chinese consumers' transactions on UnionPay defied the economic slowdown to set a record during the week-long Spring Festival holiday, with shopping, dinning and travelling accounting for most of the splurge, the company announced.

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