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Holiday travel in China slumps, Korean airlines cut China flights on lower demand, tension
A couple of items re China and the faltering economic bounce. Tourism data cited on China's state TV(CCTV) reported travel during the June 22-24 Dragon Boat Festival holiday was up on 2022 but down 22.8% from the pre-COVID levels of 2019.the number of railway trips jumped 12.8% higher than during the same period of 2019road travel was down 33.3% from the same period in pre-COVID 2019trips on down 43.6%trips on flights up 3% from 2019Meanwhile, at least two South Korean carriers have cut flights...
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Posted: Jun 24 2023, 15:32
Author Name: forexlive
Views: 081084