Chinese Travel Rebound During Holiday Offers Temporary Relief Amid Broader Economic Concerns

Chinese tourists flooded popular sites as travel returned to pre-pandemic levels during the recent holiday, providing a temporary economic boost.

Domestic tourism rose 4% from 2019 levels to 826 million trips, while tourism revenues grew 1.5% to $103 billion.

Travel remains below 2019 international levels, but outbound travel jumped eightfold and border crossings tripled.

The holiday spike didn't resolve broader economic woes like real estate and youth unemployment weighing down recovery.

Recent factory activity expansion offers possible signs of emergence from post-pandemic doldrums.