China's Travel Industry Teetering on the Edge of Collapse

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Credit: China Visual GroupBEIJING, May 31 (TMTPOST) -- In May, all listed travel companies released their 2021 earnings reports. Amid the pandemic and related travel restrictions, the tourism sector struggled last year and its prospects still do not look rosy in the near term.According to statistics collected by ABN, listed travel companies are divided into five sub-sectors, namely pure-tourism business, compreh