As China’s travel chill deepens, tourist-starved regions struggle to get by

BEIJING, China – As China’s domestic tourism unravels, desperate provinces are slashing ticket prices, offering tax breaks, and even begging locals to help save plummeting tourist earnings in a sector that employs tens of millions of people. The slump in tourism — which includes travel, accommodation, and catering — has persisted into 2022 because of … Read more

Sri Lankan government in disarray as economic crisis deepens

In another setback for the administration, Finance Minister Ali Sabry resigns a day after his appointment and ahead of crucial talks scheduled with the International Monetary Fund for a loan program COLOMBO, Sri Lanka – At least 41 Sri Lankan lawmakers walked out of the ruling coalition on Tuesday, April 5, leaving the government of … Read more