China - are weeks still Golden ?

China has certainly been booming but the record growth has been dependant on foreign trade - some estimate as much as 70% of China's economy is accounted for by exports. The Chinese themselves are record savers and faced with dropping prices in many areas are not spending enough to kick start domestic demand. The governments solution in the past decade has been to create more holidays in the hope people would spend more. However, having hundreds of millions of people all travelling at the same time in these 'Golden Weeks' has created it's own problems more from the China Daily...