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Supply, Demand And A 25-Mile Holiday Traffic Jam In China

-Analysis- In September, China’s National Development and Reform Commission announced that China’s highways would be toll-free during the Golden Week national holiday. To boost domestic tourism, certain local governments, such as in Jiangsu Province, also passed a decree banning price hikes on tourist attractions during the eight-day holiday break, which this year combined the Mid-Autumn […]

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