ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Chinese bringing fortune to Asian neighbors

Crowds throng a store in Shanghai, shopping for gifts ahead of the Lunar New Year holiday.

SHANGHAI -- The weeklong Lunar New Year holiday in China usually brings with it a wave of consumer spending, fueled by the bonuses offered by many companies. But this year, much of the surge looks likely to be siphoned into Japan and other parts of Asia as higher incomes and looser visa requirements encourage travel.

     With the holiday kicking off this coming Wednesday, many Chinese cities are in the midst of an unprecedented travel boom.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more