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How has China’s travel industry been hurt by the coronavirus pandemic, and when will tourism recover?

Summary:
[unable to retrieve full-text content]The travel and tourism industry has become a key driver of China’s domestic economy since the 1980s, after the government embarked on its era of reform and opening up. Both the nation’s growing domestic middle class and accommodating government policies have helped it grow exponentially over the past four decades. Tourism has transformed the country into one of the most vibrant travel markets in the world. However, the industry has been among the hardest hit by the coronavirus pandemic due to…

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[unable to retrieve full-text content]
The travel and tourism industry has become a key driver of China’s domestic economy since the 1980s, after the government embarked on its era of reform and opening up. Both the nation’s growing domestic middle class and accommodating government policies have helped it grow exponentially over the past four decades. Tourism has transformed the country into one of the most vibrant travel markets in the world. However, the industry has been among the hardest hit by the coronavirus pandemic due to…

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