Far from being a "failure," the policy has clearly spurred cross-border economic activity, as shown by the People's Bank of China's latest findings. During the 2024 Chinese New Year holiday, which ran ...

Data from China's National Immigration Administration (NIA) showed that cross-border trips made by foreigners surged 82.9 percent from a year ago to 64.88 million in 2024.[Photo/Xinhua] As China moves ...