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: 23.10.2026 Expectation: 470 pips
Buying Brent crude with $106.00 in mind
09 October 2026 26
Period: 09.11.2026 Expectation: 3000 pips
Invest in USDCAD up to 1.45000
09 October 2026 34
Period: 29.10.2026 Expectation: 800 pips
Sell GBPUSD down to 1.3180
08 October 2026 59
Period: 05.11.2026 Expectation: 300 pips
Buy Brent crude with $103 in sight
08 October 2026 32
Gold sell
Period: 22.10.2026 Expectation: 180 pips
Gold sell-off targets $3,940
08 October 2026 45
Period: 08.11.2026 Expectation: 6200 pips
Go short on USDJPY with 152.00 in view
08 October 2026 74
Go to forecasts