China cuts visa fees for travellers from many countries to boost economy post Covid slump

News Snapshot:

Aiming to boost the economy post-Covid slump, China on Friday cut visa fees for travellers from countries including Thailand, Japan, Mexico, Vietnam, and the Philippines from December 11 this year to December 31, 2024, according to Chinese embassy statements. The move is considered the latest in a slew of measures China has recently taken to boost its economy, including boosting inbound travel from foreign tourists and business people. Last month, China announced to temporarily exempt citizens of France, Germany, Italy, the Netherlands, Spain and Malaysia from needing visas to visit the world’s second-largest economy to boost post-pandemic tourism. From Dec....