China’s Labor Day Tourist Spending Plummets on Covid Curbs
- Tourism spending declines 43% as people stay home, trips fall
- Data underscores impact of Covid Zero policy on economy
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Chinese travel and spending plummeted over the national Labor Day holiday as the government’s stringent Covid Zero restrictions and fear of infection kept people at home.
Tourist spending over the five-day vacation was 64.7 billion yuan ($9.8 billion), down 43% from last year, the Ministry of Culture and Tourism said. The number of domestic tourist trips over the break fell to 160 million from 230 million last year, it added.