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China looks past Covid as tourist bookings surge for the Lunar New Year - TL;DR CNBC

China looks past Covid as tourist bookings surge for the Lunar New Year

Publishing timestamp: 2023-01-27 00:12:51


Summary

People in China are travelling more than usual during the Lunar New Year holiday, according to data from Trip.com. This surge in tourism may indicate that consumption in China is recovering from the slump of the last three years. However, retail sales have fallen by 0.2% in 2022 and people are still saving more than usual.


Sentiment: POSITIVE

Tickers: TCOM9961-HK

Keywords: lifestylecoronavirusaccommodationstravelairlineshotels and resortsvacationscovid-19business newstourismholidayslifetransportationhospitality and leisure industrytrip.com group ltd

Source: https://www.cnbc.com/2023/01/27/china-looks-past-covid-as-tourist-bookings-surge-for-the-lunar-new-year.html


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