Important news

[北京 ２７日 ロイター] – Searches on travel sites surged on Monday after Chinese authorities announced they would ease three years of tough immigration restrictions.

The National Health Commission of China announced on the 26th that it will lift the quarantine requirement upon entry into the country on January 8, 2020.

Due to the change of the “zero crown policy”, the new crown has spread throughout China, but according to official statistics, one person has died in the seven days up to the 26th.

Data from travel website Ctrip shows searches for popular destinations increased tenfold in the first 30 minutes after the news broke. Macau, Hong Kong, Japan, Thailand and South Korea are said to be particularly popular.

Trip.com data showed a 254% increase in international flight bookings compared to the previous day as early as Thursday.

China’s economy is expected to rebound sharply in the second half of next year, but the coming weeks and months will be tougher as more workers become infected.

In places like Shanghai and Beijing, many stores have been forced to close in recent days due to workers being unable to get to work. In some factories, many workers are already on vacation ahead of the Lunar New Year holidays at the end of January.

“Concerns remain about temporary supply chain disruptions as workers are impacted by the virus,” JPMorgan analysts said in a statement. Monitoring of traffic conditions in subways in 29 Chinese cities showed many people were restricting movement as the virus spread.

“Foreign travel is expected to increase, but it could take a long time to recover to pre-pandemic levels,” said Dan Wang, chief economist at Hang Seng Bank in China. .

“The coronavirus is still spreading across most of China, significantly disrupting working hours. Productivity losses are high and inflationary pressures will intensify in the coming months as increased demand outpaces the recovery in supply It’s possible,” he said.