Carnival's Costa Cruises Pulls Asia Trips as China's Covid Zero Policy Bites

Costa Cruises, a unit of cruising giant Carnival Corp. that targets the nascent Chinese market, is canceling all future Asia departures amid waning expectations Beijing will ease its zero-tolerance Covid policy and border restrictions any time soon. Port stops in China, Hong Kong, Taiwan, Singapore, Japan and South Korea will be canceled since international cruises in those locations still haven’t resumed, the Genoa, Italy-based company said in a statement, adding that it’s reorganizing its business in the region.