Posted 1/23/2024, 5:51:35 AM
China's domestic travel rebounds but international tourism still lags
- China's domestic travel has rebounded since reopening borders, but international trips still lag prepandemic levels
- Flight capacity into and out of China is currently at 62% of December 2019 levels
- Chinese travelers accounted for 20% of global tourism spending before the pandemic
- China has tried to boost inbound travel by waiving or extending visas for some countries
- China's slowing economy and global tensions are hampering international business travel