BEIJING -- Chinese spending over the Lunar New Year holiday weakened from 2021 amid strict measures to fight sporadic COVID-19 outbreaks and control people's movements due to the Beijing Winter Olympics.
Economy
COVID, Olympic restrictions hit China's Lunar New Year spending
Tourist receipts drop 3.9%, domestic trips fall 2% as people advised to stay put
A woman poses for pictures in front of a set of mascots from the Beijing 2022 Winter Olympics on the first day of the Lunar New Year. Spending over the holiday dropped from last year, data revealed on Monday. © Reuters
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