Commerce
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China’s cruise economy is witnessing a steady recovery, bolstered by the visa-free policy for international tourists and the resurgence of the global cruise market. In the first half of 2024, cruise ports in Shanghai handled over 90 international cruise voyages, recording more than 180 entries and exits, with over 840,000 passengers traveling through these ports.…
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China is expected to displace the U.S. this year as the leading retail market around the world. According to eMarketer’s worldwide retail and eCommerce forecast, China’s total retail sales in 2019 are forecast to increase by 7.5 percent, hitting $5.636 trillion. In comparison, U.S. retail sales are projected to increase by 3.3 percent ($5.529 trillion)…
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