China’s straitened economic circumstances are being reflected in Lunar New Year travel plans, with many choosing cheaper domestic trips or nearby destinations in Asia.
Around 2.2 million to 2.6 million people are forecast to travel globally during the eight-day holiday that starts the eve of Jan. 28, according to digital marketing and research firm China Trading Desk. While that’s up as much as 30% from last year’s low base, it’s still below pre-pandemic levels when overseas travel was at a peak at 6.3 million.
Visited 4 times, 1 visit(s) today
