August 19, 2025 12:00 AM GMT Investor Presentation | Asia Pacific Asia Summer School: China's Travel Transition We discuss inbound travel's growth outlook and potential contribution to China's economic growth as well as its influence on the outlook of Chinese airlines, airports, hotels and travel retail. M Foundation Morgan Stanley Asia Limited+ Qianlei Fan, CFA Equity Analyst Qianlei.Fan@morganstanley.com +852 2239-1875 Hildy Ling Equity Analyst Hildy.Ling@morganstanley.com +852 2239-7834 Dan Chee Equity A ...