Briefs: New rescue capital firm | Portuguese hotels marketed

New Year tourism booms in China: China’s tourism market continues to recover during the week-long Chinese Lunar New Year holidays, with famous tourism cities and provinces hosting millions of visitors as people swarm to local scenic spots while many chose to stay in place over the long break to avoid a sudden flare-up of COVID-19. During the reported period, Southwest China’s Sichuan Province hosted 6.34 million tourists, up 293% year-on-year. Meanwhile, the province saw ticket revenue of 40.83 million yuan (US$6.32 million), an increase of 166% year-on-year, according to the bureau. More from the Global Times Rescue capital firm created:…
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