Article - Chinese Tourists Are Back Travelling, but What Can We Expect from the Rebound? - When Chinas long and lockdown-laden journey away from COVID finally reached its culmination in late 2022, the global travel industry breathed a sigh of relief. The fastest-growing, and one of the top per capita spending markets, was back in play. The expectations are sky high, but will those wishes match reality and will we see a resurgence in Chinese tourists travelling throughout 2023?
Today on AirTalk, day 2 of the House Speaker election after Republican Kevin McCarthy failed to win three times yesterday. Also on the show, the extreme winter weather hitting California; the latest on the Southwest flight cancellation debacle; and more.
Inflation has been intensifying in Indonesia, given supply chain constraints, oil price hikes, as well as rising fuel costs. However, manufacturers have remained positive and proved adaptable in retaining the selling price to consumers. At the same time, consumers are also regaining a positive outlook, as indicated by positive retail spending in 2022. Nonetheless, the next year is crucial to consumption growth in Indonesia, with fears of global inflation, and political change in Indonesia as elections are around the corner.