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13.02 - 19:00
Chinese Consumers Embrace Life Free From Zero-Covid Controls
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HONG KONG—Chinese travelers flooded tourism hotspots at home, booked more trips abroad and flocked to cinemas halfway through the first long public holiday since Beijing ended zero-Covid controls that had restricted people’s movements and battered consumer confidence.
Data released this week point to a sharp rebound in the tourism sector during the weeklong Lunar New Year holiday that started Saturday. Still, some economists cautioned that fully repairing consumer confidence—if that’s possible—will take a while longer.
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