Demand has been so intense that the Great 2021 Travel Rush caused a tsunami of online queries in the run-up to the holiday, resulting in crashing of servers hosting some online platforms peddling train tickets.
In another report released in May 2018, the consulting giant described the reforms as being "in full stride" and said there would be "a tsunami of new-product launches expected".
Zhang recalls the “golden era”, not only for China Dongxiang with its famous Kappa label, but also the entire Chinese sportswear industry during the first decade of the century, underpinned by the population’s accelerating incomes, as well as the sports sector’s industrial clustersData showed that the industry saw an average annual growth of more than 20 percent during those glorious years despite a subsequent slight backtrack triggered by the 2008 global financial tsunami.
Toyoda, speaking at a news conference, said his term at the helm of Toyota started in 2009 with "crisis after crisis" including the effects of a global recession, Toyota's recalls and safety crisis, and the disruptions that followed the 2011 earthquake and tsunami in northern Japan.
The Japanese carmaker exceeded its sales targets this financial year and expects to sell even more vehicles in the next 12 months, thanks to lessons it learnt from the 2011 earthquake and tsunami in Japan.