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China's Economy Hits Record Highs in First 11 Months of 2022
China was the world's largest source of outbound tourists with 150 million travelers going abroad each year. McKinsey is projecting that international travel out of China will jump from 5% of the 2019 level to around 50% by this summer. Foreign executives who've been unable to visit their businesses in China for the last three years are also likely to be booking trips into China again soon.