China’s travel spending during Lunar New Year holidays surged

BEIJING  -Tourism revenues in China during the Lunar New Year holidays that ended on Saturday surged by 47.3 percent year-on-year and surpassed 2019 levels, thanks to a domestic travel boom amid a longer-than-usual break, official data showed on Sunday. The data may offer temporary relief to policymakers as the world’s second-largest economy has been facing
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