No holiday travel boom for China's Lunar New Year as govt expects it to go down 60% from pre-pandemic levels


A woman wearing a mask to protect from the coronavirus walks past a coat of armour displayed outside a restaurant in Beijing, China, Friday, Jan. 21, 2022. The sweeping "zero-tolerance" policies that China has employed to protect its people and economy from COVID-19 may, paradoxically, make it harder for the country to exit the pandemic. - AP

BEIJING, Jan 22 (Bloomberg): The Covid-19 outbreaks in multiple Chinese cities are pressuring travel demand ahead of the Lunar New Year holiday.

The 40-day "Spring Migration” usually boosts gasoline and jet fuel demand as people drive or fly home for family reunions.

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China , Lunar New Year , Travel , Poor , Govt , Statement

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