Beijing Capital Airlines launches Vancouver-Qingdao-Hangzhou route in December eturbonews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eturbonews.com Daily Mail and Mail on Sunday newspapers.
China’s broadest Covid-19 outbreak since the beginning of the pandemic in late 2019 is hampering tourism and spending during the peak summer holiday, prompting analysts to review their economic growth projections as risks escalate.
Authorities rushed to close tourist sites, call off cultural events and cancel flights, as the outbreak linked to the highly-infectious delta variant spread to nearly half of China’s 32 provinces within just two weeks. At least 46 cities have advised residents to refrain from traveling unless it’s absolutely necessary.
Alongside recent flood damage in parts of the country, the latest virus controls will likely curb retail spending and economic growth in the second half of the year.
The Straits Times
Airlines scheduled 9.8 per cent less seat capacity in China this week than last week.PHOTO: REUTERS
Updated6 hours ago
https://str.sg/3Uau
They can read the article in full after signing up for a free account.
Share link:
Or share via:
Sign up or log in to read this article in full
Sign up
All done! This article is now fully available for you
Read now
Get unlimited access to all stories at $0.99/month for the first 3 months.
Get unlimited access to all stories at $0.99/month for the first 3 months.
including the ST News Tablet worth $398.
China’s economic rebound under threat from Delta outbreak
We’re sorry, this service is currently unavailable. Please try again later.
Dismiss
By Bloomberg News
Normal text size
Advertisement
China’s broadest Covid-19 outbreak since the beginning of the pandemic in late 2019 is hampering tourism and spending during the peak summer holiday, adding another risk to the economy just as consumption was picking up.
Authorities rushed to close tourist sites, call off cultural events and cancel flights, as the outbreak linked to the highly-infectious Delta variant spread to nearly half of China’s 32 provinces within just two weeks. At least 46 cities have advised residents to refrain from travelling unless it’s absolutely necessary, according to Chinese media reports.
China s Delta Outbreak Curbs Spending, Prompting GDP dailymaverick.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymaverick.co.za Daily Mail and Mail on Sunday newspapers.