The payoff has been evident, as tourism and spending rebounded during last week's busy Golden Week holiday period. All told, China's economy is expected to be worth about $14.6 trillion by the end of 2020, roughly equivalent to 17.5% of global GDP. But China's ability to buck the worldwide trend is accelerating the growth in its importance to the global economy. A Golden Week boomThe economic improvement has been no more apparent than during this past week, when the country celebrated one of its annual Golden Week holidays. And movie ticket sales surpassed $580 million during the Golden Week holiday — just 12% shy of last year's record high.

Source: CNN October 11, 2020 01:07 UTC