Swiss Economicblogs.org
In February 2013, the Chinese Golden Week fell late in the calendar. The year before, 2012, New Year was January 23rd, meaning that the entire Spring festival holiday was taken with the month of January. The following year, China’s New Year was placed on February 10, with the Golden Week taking up the entire middle month of February. For economic statistics, that meant extreme difficulty translating year-over-year...
Read More »CNY, Not Imports
