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Episode 22
To feel the pulse of economy through Hungry Ghost Festival During the seventh month of the lunar calendar, besides offering prayers to their ancestors, many traditional Chinese families, businesses and associations also organize praying activities, dinner feasts, auctions and getai performances, the budgets set for these activities can usually offer insights into the state of the economy. With dark clouds of uncertainty looming ahead, how badly affected is this year’s spending on the seventh month? Will the glitz and glamour of the getai performances loose its shine this year too due to the gloomy economy outlook?
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Money Week 2012:   Episode 22
To feel the pulse of economy through Hungry Ghost Festival During the seventh month of the lunar calendar, besides offering prayers to their ancestors, many traditional Chinese families, businesses and associations also organize praying activities, dinner feasts, auctions and getai performances, the budgets set for these activities can usually offer insights into the state of the economy. With dark clouds of uncertainty looming ahead, how badly affected is this year’s spending on the seventh month? Will the glitz and glamour of the getai performances loose its shine this year too due to the gloomy economy outlook?
Published: 9/9/12
Views: 1624
Network:  Channel U
 
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