Lunar New Year travel to Europe made a 180-degree turn from last year, with travel spending and visits down in key Chinese tourist destinations. This according to Global Blue, perhaps the biggest player in European tax refund, which has monitored Lunar New Year spending in Europe in recent years. In 2017, Global Blue recorded a … More Europe Takes a Beating in Lunar New Year Travel and Shopping
At least 20 countries in the European Union will sign up to a new defence pact next week being promoted by France and Germany to fund and develop joint military hardware in a show of unity following Britain’s decision to quit the bloc. After years of spending cutbacks in Europe and a heavy reliance on … More EU to sign deal to develop joint military hardware as Nato agree on new military commands
The European Commission is to spend €30 billion of the EU research and innovation funding programme Horizon 2020 during 2018-2020, including €2.7 billion to kick-start a European Innovation Council. Read More
Many people would associate outlets with old, cheap, discounted merchandise and remote locations. Discount labels seem to be a comfortable fit for outlet shopping malls, but the outlet empire built by Value Retail is meant to revamp the stereotype, with a concentration on Chinese customers. “The association is however totally wrong. Being visited several Outlets … More Can Outlet Malls Bring Value to Luxury Brands?
With ever-improving tourism links and visa agreements with countries around the globe, the world has never been a smaller place for Chinese travelers. While a trip to Hong Kong at one point was worthy of bragging rights, it’s now become a staple destination that instills little excitement in China’s increasingly experienced travelers. Read More
China’s development road map and other outcomes of the 19th National Congress of the Communist Party of China, which ended last week, will have century-long global impacts as the country deepens engagement with the world, according to European politicians, scholars and lawyers. Read More