China’s weak consumption over Lunar New Year may signal ‘worsening economy’, analysts say

• Deterred by the discouraging travel policies and sporadic outbreaks of the Omicron variant, more than 70 per cent of domestic tourists chose short-distance trips
• A nearly 48 per cent increase in trips among migrant workers from January 17-31 did little to help boost box office receipts and tourism revenue, Nomura says