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Coronavirus

China's Lunar New Year travel plunges 50% to 20-year low

Economists warn of negative growth this quarter as consumer spending plummets

Yuyuan Garden in Shanghai: Drastic measures by authorities to curb the spread of the outbreak led people to stay home instead of travel during the Lunar New Year.   © Reuters

BEIJING -- Chinese travel around the Lunar New Year holiday plunged by half this year to 1.48 billion trips, China's transport ministry said Wednesday, as the coronavirus outbreak disrupted trips nationwide.

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