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China said to urge its citizens to delay foreign travel over virus fears

AFP reports

From the headline, it doesn’t appear to be a hard rule but more of a travel advisory – along the lines of asking travelers to reconsider their plans. These travel warnings have always been a bit of a blur line and in my view, I don’t ever see them having much impact.

But if we do see a significant drop in Chinese travelers around the world, expect that to weigh on global economic conditions even more to start the year – especially in economies that rely heavily on tourism and services.