Lunar New Year

China’s relaxed entry rules bring more travel, but would-be tourists wary of remaining barriers

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During the Lunar New Year holiday week in February, China recorded 3.23 million tourism receipts, almost the same as the festival period in 2019, the official Xinhua news agency reported in February. A big boost to these figures came in December, when China began allowing citizens some countries to enter without a visa for 15 … Read more

China’s Lunar New Year travel surge to boost economy, but property market and private firms remain top priority

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And economists said China needs to focus on solving its ongoing housing market crisis and helping private businesses to ensure a similar expansion in 2024, as pent-up demand fades. ‘Growth nothing to write home about’: 7 takeaways from China’s economic data After a drop of 2.3 percent in 2022 due to frequent lockdowns under China’s … Read more