Date of this Version
November 27, 2008 in The China Beat http://www.thechinabeat.org/
Despite calls several years ago for a Chinese Thanksgiving Day, Thanksgiving hasn’t caught on in China as Christmas has. And with good reason–the holiday hasn’t brought much to China other than (last year) Paris Hilton.
But tomorrow begins the Christmas shopping season (a holiday that has caught on in some places in China–if largely for its commercial meanings), and this new holiday may have more dire implications in China this year. Analysts are predicting slow Christmas sales in the U.S., which may mean a slow season for Chinese manufacturers as well.