China group tourism revival clouded by weak economy

End of Japan, U.S., other tour bans lifts shares, but will wary visitors come?

Chinese individual travelers line up to check in for flights to Japan at Beijing Capital International Airport on Aug. 10. © Kyodo

AKIRA KITADO, Nikkei staff writer

August 10, 2023 18:21 JST

TOKYO -- China's move to lift a ban on group travel to Japan, the U.S., South Korea and scores of other countries around the world sent shares in Asia tourism-related companies higher on Thursday on hopes for an inbound travel boom, even as economists say a slowdown in the world's No. 2 economy is suppressing consumer spending there.