Southeast Asian nations that were counting on Chinese travelers to drive tourism revenues and their economies post-Covid are finding the flow of visitors far from the flood they were hoping for.
China’s slower-than-expected economic recovery has left its population more hesitant to spend money heading abroad. The result: the number of Chinese arrivals in five Southeast Asian countries varied between 14% and 39% in May compared to the 2019 numbers, latest official data compiled by Bloomberg News show.
