China posts tourism and spending jump over Lunar New Year

Holiday travel spending soars 30% after Beijing dismantles zero-COVID curbs

20230127Lunar New Year in Shanghai

Crowds in Shanghai on the first day of the Lunar New Year. China's economy is forecast to rebound after Beijing dropped its zero-COVID policy. © Reuters

CK TAN, Nikkei staff writer

FUZHOU, China -- China's Lunar New Year holiday saw a big travel and spending jump as authorities played down fears of a massive COVID-19 outbreak during what has traditionally been the world's biggest annual migration.

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