Chinese Holidays 2020- All Business from China Suspended

This year Holiday in October for the Chinese is a unique one. it is a holiday that has both the Mid-Autumn festival and the Chinese national day coinciding withing the same celebration period. The Chinese celebrate a week-long national holiday to mark the founding of the people republic of china on October 1st, 1949. if it coincides with the Mid Autumn festival, as it does once every 5 years,  a day is added to the Holidays to make it 8 days of celebration for the Chinese to enjoy.

Oct. 1 (Mid-Autumn festival)Oct. 2Oct. 3Oct. 4Oct. 5Oct.6Oct.7Oct.8ThursdayFridaySaturdaySundayMondayTuesdayWednesdayThursday

There will be a complete short down of business for the Chinese during this period. All who are major dealers with the Chinese around the world will have to postpone all dealing with china during this period. Chinese trade has greatly increased from 3 percent of the world's trade in 1995 ($280.9 billion) to about 12.4 percent of global trade ($4.6 trillion) in 2018 In 2016, the EU, the United States, and China recorded the world's highest trade values in goods, together accounting for 46 % of global exports of goods and 45 % of global imports. China (17 %) recorded the highest share in world exports, followed by the EU (16 %) and the United States (14 %) (1)