Transport sector to gain from China tourist arrivals

AmInvestment Bank said the visa-free implementation is expected to spur China’s tourism rebound.

PETALING JAYA: AmInvestment Bank Bhd maintains its “overweight” call on the transport and logistics sector on expectations the Chinese New Year and Spring Festival in China will likely to boost inbound tourists to Malaysia.

The research house noted the Spring Festival would provide the much-needed boost for travel in China with the daily average number of international passenger clearances expected to reach 1.8 million people.