29 December 2022 | Other

Chinese tourists to increase international travel as the country loosens COVID regulations

From January 8, Chinese tourists no longer have to be quarantined after returning from travel, the government announced this week. This has caused an increase in bookings in China, which has been the world's largest outbound travel market in 2019.

According to VariFlight, international flights to and from China account for only 8% of pre-pandemic times. However, carriers are trying to increase capacity as the government softens COVID restrictions on the number of flights.

By June 2023, Malaysia Airlines and VietJet Aviation hope to resume flights to China to pre-pandemic levels. Meanwhile, carriers such as Singapore Airlines and Qantas Airways have not disclosed their detailed plans. 

Morningstar analyst Cheng Wen told his clients that Chinese airlines' capacity is likely to increase significantly from the end of March. This will coincide with the beginning of the summer scheduling season.

Company MarketCheese
Period: 21.09.2026 Expectation: 2100 pips
Go short on USDCAD as dollar index hits three-month lows
21 August 2026 25
Period: 28.08.2026 Expectation: 1002 pips
GBPUSD is likely to climb further next week
21 August 2026 26
Period: 21.09.2026 Expectation: 950 pips
Buying AUDCAD up to 0.99250
21 August 2026 22
Period: 28.08.2026 Expectation: 540 pips
Brent crude is coming close to July highs
21 August 2026 26
Period: 03.09.2026 Expectation: 95 pips
Invest in SPX up to $7,815
20 August 2026 83
Gold buy
Period: 20.09.2026 Expectation: 400 pips
Buying gold amid dollar sell-off
20 August 2026 79
Go to forecasts