tirsdag 6. oktober 2020

Coronavirus: Can China's Golden Week boost Asia's economies?

The annual Golden Week holiday is dubbed "the world's largest human migration" as it usually sees millions of Chinese tourists travelling internationally. China accounts for almost one-fifth of the world's international tourism according the United Nations World Tourism Organisation. But this year, the pandemic has made international travel nearly impossible. So they're travelling locally instead.

As a result, domestic tourism during this national holiday season is expected to recover to near pre-pandemic levels, helped by pent-up demand and cheap airfares. China's tourism ministry said around 425m people travelled within the country during the first four days of holiday alone.