Below trend growth to continue
Tentative recovery: Chinese outbound tourism continues to face constraints
China’s international borders effectively reopened in early January, when Beijing removed quarantine requirements for international visitors and allowed Chinese residents to leave the country in significant numbers for the first time since the start of the COVID-19 pandemic. While overseas travel is now permitted, the increase in outbound departures has been modest so far. A range of constraints mean that a full return of the Chinese tourist to international markets may take some time.
For further details, please see the China Economic Update (April 2023)
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