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Chinese travelers say new restrictions are 'unfair' — but they're angry at some countries more than others - TL;DR CNBC

Chinese travelers say new restrictions are 'unfair' — but they're angry at some countries more than others

Publishing timestamp: 2023-01-10 07:12:55


Summary

Chinese travelers are reacting to travel restrictions imposed by some countries in the wake of China's border reopening with a range of emotions, from indifference to confusion to anger. Covid tests are not the problem, but the fact that the policies are directed only towards mainland Chinese is. Some Chinese travelers are avoiding certain countries due to the perceived discrimination, while others are still booking trips abroad, but not to their first-choice destinations. Shares of Kose were lower on Tokyo stock exchange on Tuesday, but Shiseido was higher. It is believed that the policies are politically motivated, and the animosity towards South Korea and Japan is expected to dissipate in three months.


Sentiment: MIXED

Tickers: 4922.T-JP4911.T-JP

Keywords: south koreaentertainmenthotels and resortsshiseido co ltdcoronavirusjapanaccommodationscovid-19tourismhospitality and leisure industrykose corpvacationsasia economytravel safetyfamily traveleconomylifechinalifestyletravelbusiness travelbusiness newsholidays

Source: https://www.cnbc.com/2023/01/10/covid-travel-rules-chinese-are-angry-at-south-korea-and-japan.html


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