Jian Sun

Airlines face hurdles to cashing in on China re-opening

U.S. and European airlines will benefit from pent-up demand for travel to China after its recent border reopening, but route approvals, fresh COVID-19 testing rules and not enough large aircraft remain barriers to rising sales, analysts and industry officials say. Travel is returning to China, the world’s largest outbound tourism market worth $255 billion in 2019, after the […]
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Equities fall on risk aversion with 2023, China reopening in focus

Equity indexes closed lower on Wednesday while U.S. Treasury yields rose as investors eyed 2023 with caution and weighed hopes for an economic boost from China’s relaxed COVID-19 restrictions against concerns about rising infections there. Reuters said yesterday. The yield on benchmark U.S. 10-year Treasuries rose for a third straight day, reversing an earlier decline […]
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