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Bangkok Post
Bangkok Post
Business

Tourism stocks surge as China removes travel curbs

China Thai Thailand Beijing United States

Thai tourism stocks soared yesterday on news that Beijing is lifting travel curbs earlier than expected, boosting hopes that Thailand's tourism sector, trade and spending would recover much faster than the previous forecast.

The move, set to take effect from Jan 8, marks the first time that quarantine measures for those travelling abroad would be lifted. China has clearly signalled that its Covid-19 measures would be gradually eased further, said Asia Plus Securities (ASPS).

But arriving passengers still have to do a PCR test 48 hours before boarding from the country of origin. According to policies announced earlier, China will relax protective measures from the highest level (Category A) to the lowest level (Category B).

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