Monday, January 29, 2018

Chinese Tourists Are Reshaping World Economy - Bloomberg

Chinese Tourists Are Reshaping World Economy - Bloomberg



...If you worry that Chinese economic data are fake, here are some numbers that may comfort, or startle, you. According to the United Nations World Tourism Organization, Chinese outbound tourism expenditure grew to $261 billion in 2016 (21 percent of the world market), an increase of 12 percent from 2015 and 11 times of the amount spent a decade earlier. 

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