First came the airlines, then came UnionPay, followed by mobile payment providers—and now: Chinese cellphone carriers. State-owned mobile services giant China Mobile is betting on the future of Chinese travelers (and expatriates) in the United Kingdom with a new partnership with UK telecom incumbent BT Group. The partnership will see China Mobile launch a mobile … More China Mobile Launches UK Carrier for Chinese Tourists
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
Perhaps one of the few groups to have benefitted from Brexit is Chinese tourists. Known for their enthusiasm for purchasing luxury goods overseas, the depreciation of the pound has allowed them to own a piece of Louis Vuitton or Chanel at a much cheaper price. However, a recent report titled “RE-Lux: Waves of Change Impacting … More Will UK’s Chinese Luxury Shopping Fever Last Forever?