People have travelled long distances only to be told on arrival that they must quarantine for two weeks or return home
Some 260m “journeys” were made in the ten days after January 17th and 1.2bn journeys are forecast before February 25th. That would be up by 36% on a year ago, but still way down on the 3bn journeys taken during new year of 2019.
The Omicron variant is bubbling up. Media describe people travelling long distances only to be told on arrival that they must quarantine for two weeks or return home. In Hangzhou officials have offered gift vouchers to those forgoing holiday travel. In Ningbo and Hefei, some factories remain open and a daily subsidy of 100 yuan is offered to those who stay at work.
In the first week of new year 2021, consumers spent 821bn yuan on retail and food, up by 29% on covid-ravaged 2020 and by 5% on 2019. But economic growth slowed from 4.9% to 4% in the last quarter of 2021. With no visitors even for the Winter Olympics, opening on February 4th, few expect the tiger year to start with a roar.
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