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Analysis-Chinese outbound travel recovery lags due to costs, visa snags

Summary by WTVB
By Sophie Yu, Casey Hall and Lisa Barrington BEIJING/SHANGHAI (Reuters) – A recovery in Chinese overseas travel from the COVID-19 pandemic is fading as rising costs and difficulties in securing visas cement a preference for local and short-haul destinations. The delay in a revival to pre-COVID levels by China’s outbound travellers, the world’s top spenders on international tourism and airlines, is hitting travel-related companies, hotels and…
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