Global business: Chinese tourism industry, after decades of rapid growth, takes a big hit from COVID
By LI CHENYU
Global Business Journalism reporter
Nearly two years after the first cases of the novel coronavirus were spotted by doctors in Wuhan, most of the global economy has recovered from the COVID-induced recession of 2020. But the economic rebound is not uniform, and certain industries continue to struggle.
Case in point: The global tourism industry continues to lag as many tourists remain close to home. The Chinese tourism industry has been hurt by a ban on foreign tourism and periodic lockdowns and domestic travel restrictions.
The following informational graphic explains the growth of the Chinese tourism industry and details its current challenges.