{"id":71695,"date":"2025-05-03T17:22:08","date_gmt":"2025-05-03T17:22:08","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/71695\/"},"modified":"2025-05-03T17:22:08","modified_gmt":"2025-05-03T17:22:08","slug":"shanghai-banks-on-mega-sporting-events-and-concerts-to-lift-consumer-spending","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/71695\/","title":{"rendered":"Shanghai banks on mega sporting events and concerts to lift consumer spending"},"content":{"rendered":"<p>Shanghai is banking on more international sporting events and concerts in the city this summer to revive spending to counter the blows to consumer confidence from the <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/us-china-trade-war?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"noopener\">China-US trade war<\/a>.The city will host international equestrian, archery, triathlon and <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/formula-e?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"noopener\">Formula E<\/a> events in May and June, aiming to reel in spectators at home and abroad.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">In March, Formula One racing returned to Shanghai for the Chinese Grand Prix, attracting the McLaren, Red Bull, Mercedes and Aston Martin teams as well as 220,000 fans, according to official estimates.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">In all, Shanghai will play host to 178 sporting and other shows this year, according to the official Jiefang Daily.<\/p>\n<p>While authorities hope the events will burnish Shanghai\u2019s reputation as the mainland\u2019s most internationalised city, they are also looking to the sports and entertainment fixtures to help put a floor under <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3296109\/shanghai-issues-more-consumption-vouchers-after-shock-fall-retail-sales?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"noopener\">falling consumption.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Shanghai is banking on more international sporting events and concerts in the city this summer to revive spending&hellip;\n","protected":false},"author":2,"featured_media":71696,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[521,35836,3801,51,1395,35833,35834,32,1700,35835,3749,35832,10741,2143,7808,1219,35837,16,15],"class_list":{"0":"post-71695","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-asia","9":"tag-bala-ramasamy","10":"tag-beijing","11":"tag-business","12":"tag-china","13":"tag-china-europe-international-business-school","14":"tag-chinese-grand-prix","15":"tag-donald-trump","16":"tag-economy","17":"tag-formula-e","18":"tag-hong-kong","19":"tag-jiefang-daily","20":"tag-shanghai","21":"tag-singapore","22":"tag-tokyo","23":"tag-trade-war","24":"tag-triathlon","25":"tag-uk","26":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114445060923716113","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/71695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=71695"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/71695\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/71696"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=71695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=71695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=71695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}