The luxury goods industry has relied heavily on China and North America for growth in recent years, but latest figures suggest both markets may be starting to slow.
A Beijing-based comedian said a number of their shows had been canceled in the wake of a joke about the military.
Those trickling back to Europe are mostly business travelers and wealthier people who have the means to travel "a bit differently."
Who takes care of the elderly in China, where pensions are tiny, is one of the major headaches policymakers face as they deal with the start of a demographic downturn.
Improving young people's livelihoods without abandoning the country's export-led growth model poses inherent conflicts for a government that prioritizes social stability.
Glee that greeted abrupt relaxations in COVID-19 rules has been tempered with uncertainty for consumers and businesses.
There was no sign of new protests on Monday in Beijing or Shanghai, but dozens of police were in the areas where the weekend demonstrations took place.
China, the last among major countries not treating COVID-19 as endemic, this month unveiled 20 new steps that eased its stringent anti-COVID policies.
Strict controls on people's lives may have caused profound damage on their desire to have children, demographers say.
The schools are also facing a drop in foreign student enrollment, with many foreign families choosing to leave while others stay away.
