What: After last year’s disastrous holiday, China is enjoying shopping again while travel is still restricted.

Why it is important: It is a reflection of the strong recovery of the Chinese market while foreign markets are suffering from the lack of Chinese tourists.

According to the Global Times of China, consumers are enjoying shopping fever for the Spring holiday, or Chinese New Year. Many shoppers who missed it last year, especially in Wuhan, are going on a flower buying spree, also because it will bring good luck linked to the Year of the Ox.

Since travel is still limited in the country, many people have been going to supermarkets and department stores in cities which would be practically deserted in the years before covid. Officials expect this to continue during the coming year and to reflect a strong economic rebound.

Global Times Lucky Year of the Ox fueling _revenge_ ..