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China's relaxation of COVID-19 rules for international arrivals has raised hopes that its multi-billion dollar travel business will soon flourish again but countries longing for the return of Chinese tourists will likely face more of a wait. China's National Health Commission announced on Monday that inbound travellers would no longer have to go into quarantine from Jan. 8. China was the world's largest outbound tourism market before COVID shut down global travel, with its overseas visitors spending $127.5 billion on travel in 2019.