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China's first large cruise ship to embark on domestic port city tour

China

China

China

China's first large cruise ship to embark on domestic port city tour

2025-01-09 21:42 Last Updated At:22:27

The Adora Magic City, China's first homegrown large cruise ship, will embark on a tour of Chinese port cities this year, starting with its maiden voyage from the eastern city of Qingdao in April, the brand Adora Cruises announced on Thursday.

The cruise ship will depart from the Qingdao International Cruise Port on April 6, the first trip a Adora Magic City ship sails from outside Shanghai.

The vessel will then operate two consecutive four-night, five-day international cruise itineraries covering Fukuoka of Japan, and Jeju of South Korea.

The brand's second homegrown large cruise ship, the Adora Flora City, is scheduled for delivery at the end of 2026. It will then begin its international routes from Nansha District of Guangzhou City in south China.

Adora Cruises' current two operational large cruise ships, the Adora Magic City and the Adora Mediterranean, started commercial trips in China since Jan 1, 2024 and Sept 30, 2023, respectively. To date, they have served nearly 500,000 domestic and international passengers, receiving widespread acclaim.

China's first large cruise ship to embark on domestic port city tour

China's first large cruise ship to embark on domestic port city tour

As much as 37 percent of Americans saw their debt increase during this year's holiday shopping season, with average debt rising to 1,223 U.S. dollars from 1,181 dollars last year, according to the latest holiday debt survey of LendingTree, the nation's online loan marketplace.

The survey, conducted earlier this month among more than 2,000 U.S. consumers, found that rising tariffs and higher prices have put additional pressure on household budgets.

In a statement, LendingTree's chief consumer finance analyst Matt Schulz said the strain becomes more pronounced during the holiday season, as many consumers are reluctant to change long-standing shopping traditions, even as costs rise, leading to higher debt levels.

According to the survey, 63 percent of borrowers expect it will take three months or longer to repay their holiday-related debt, while about 41 percent said they are still paying off debt from last year. Schulz warned that if borrowers need six months to a year or more to repay their balances, the situation becomes more serious due to high credit card interest rates.

Data from Bankrate show that the average U.S. credit card interest rate currently exceeds 20 percent.

Meanwhile, U.S. consumers have grown increasingly pessimistic about their financial situation. Data released on Tuesday by The Conference Board showed that the U.S. Consumer Confidence Index fell for the fifth consecutive month in December, dropping to 89.1, the lowest level since April, amid deepening anxiety over jobs and income.

Over one-third of Americans rack up holiday debt: survey

Over one-third of Americans rack up holiday debt: survey

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