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: 08.05.2026 Expectation: 800 pips
Investing in AUDCAD with 0.98500 in sight
Yesterday at 11:06 AM 21
Period: 01.05.2026 Expectation: 700 pips
Brent crude is correcting amid pre-weekend profit-taking
Yesterday at 11:03 AM 41
Period: 24.06.2026 Expectation: 4600 pips
Selling GBPUSD ahead of BoE meeting
Yesterday at 08:48 AM 23
Period: 30.04.2026 Expectation: 750 pips
SPX sell-off targets 7,050
Yesterday at 08:33 AM 19
Period: 01.05.2026 Expectation: 840 pips
USDCAD is poised to take breather by week’s end before resuming its rise
Yesterday at 08:20 AM 18
Period: 30.04.2026 Expectation: 1150 pips
Selling USDJPY down to 158.500 as resistance looms
23 April 2026 31
Go to forecasts