American Retail Industry Fearful As Trade War Escalates

The trade war initiated by the Trump Administration escalated Wednesday April 4 with China adding tariffs on an additional 106 products worth up to $50 billion annually. The new tariffs mostly target basic agricultural products, including pork, soybeans, cotton, and wheat, but also include plastics, whiskey, tobacco, and vehicles. These new tariffs build on an … More American Retail Industry Fearful As Trade War Escalates

Tourism Features Prominently in Beijing’s Strategic Long-term Middle East Goals

In China’s quest for global influence, the Middle East has increasingly taken on increased importance. This is in part an effort to acquire strategically important natural resources, namely fossil fuels. However, fundamentally this new Middle East focus is also an effort to facilitate the consolidation of Chinese economic and political influence globally, China’s Belt & … More Tourism Features Prominently in Beijing’s Strategic Long-term Middle East Goals

Europe Takes a Beating in Lunar New Year Travel and Shopping

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

China Leads the Pack of World’s Fastest-growing Airports

It’s common knowledge at this point that Chinese travel is a significant growth market. The rise of Chinese tourism has been nothing but meteoric, and the almost sudden onslaught of smartphone-wielding Chinese tourists in capitals around the world is very practical evidence thereof. It goes without saying that Chinese airports have experienced years of rapid … More China Leads the Pack of World’s Fastest-growing Airports

France Doubles Down on China as Tourism Recovers

After a series of unfortunate terrorist attacks back in 2015 which caused Chinese tourist arrivals in France to drop, France is making a comeback in the Chinese tourism market with a strong showing in 2017. However, returning to pre-2015 arrival numbers is not enough for France, which hopes to solidify its position as the world’s … More France Doubles Down on China as Tourism Recovers

Finland Becomes First “All-Alipay” Destination in the World – Alipay sends eight Chinese tourists on a cashless experiment in Finland

According to Alibaba’s corporate news service, Alizila, Finland has become the first destination in the world to offer Chinese tourists an “all-Alipay” travel experience. Finland, perhaps one of the most aggressive destinations in the world in terms of rolling out Chinese-focused travel technology, is now said to have reached a level of adoption that allows … More Finland Becomes First “All-Alipay” Destination in the World – Alipay sends eight Chinese tourists on a cashless experiment in Finland

Mr Trump, as you ponder a China trade war, count the US$33 billion Chinese tourists spent in America

As the administration of Donald Trump ponders how best to launch its trade war with China, maximising impact on China and minimising cost to politically important voters at home, it could do worse than pause to think about tourism. And as he and his henchmen like Robert Lighthizer fulminate about merchandise trade deficits, he may … More Mr Trump, as you ponder a China trade war, count the US$33 billion Chinese tourists spent in America

China’s Misguided Tourism Ambitions for French President’s Visit

French President Emmanuel Macron is making his first state visit to China from Monday to Wednesday this week, in what both French businesses and Chinese authorities hope will be a productive visit in promoting trade and improved EU-China relations. While certainly not explicitly focused on tourism, the visit brings with it the ambitions of tourism … More China’s Misguided Tourism Ambitions for French President’s Visit

New Anti-corruption $15,000 Withdrawal Cap Could Benefit Tourism Stakeholders

The Chinese government has instituted a new annual limit on the amount of money that can be withdrawn from personal Chinese bank accounts overseas, set at $15,000 (100,000 yuan). The move is an attempt to curb money laundering, terrorism financing, and tax evasion. In the past, anti-corruption policies have caused substantial damage to both the … More New Anti-corruption $15,000 Withdrawal Cap Could Benefit Tourism Stakeholders

Chinese Travel is Transforming Consumer Technology

It’s hard to understate the transformative power of Chinese travel. The rise of Chinese tourism, both in the number of tourists and spending, is forcing destinations and tourism firms around the world reorient their priorities. But it’s also spurring a transformation in different fields of consumer technology not directly connected to tourism. Read More – … More Chinese Travel is Transforming Consumer Technology