Increasing Chinese tourists to short-haul destinations

 

The article states that China’s slowing economic growth, the US-China trade dispute, and a weakening RMB have diminished the willingness of China’s middle class to spend big abroad. Despite constituting a fifth of global tourism spending, Chinese tourists are increasingly drawn to domestic or short-haul destinations — Thailand and Vietnam continue to enjoy steady growth. The news echoes the slowdown concerns of America’s tourism industry, which has seen inbound numbers slow for a first time in 10 years.

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