Chinese travelers are opting for lower-cost domestic destinations over foreign tourist spots
Publishing timestamp: 2024-05-28 23:43:54
Summary
Chinese travelers are increasingly choosing domestic destinations over international ones due to cost and safety concerns. Local governments are using social media and TV shows to attract tourists to smaller cities. Domestic tourism in China is booming, while international travel is expected to recover slowly.
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Keywords: travel, market insider, oliver wyman, markets, trip.com group ltd, china, stock markets, business news,