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Fosun's booster shot rejuvenates Club Med's growth plans

The group is planning a facelift for the chain and 20 resorts in China by 2021

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Club Med president Henri Giscard d'Estaing says the group had anticipated that China would be the No 1 tourism market.

Singapore

CLUB Méditerranée, more commonly known as Club Med, is accelerating its expansion in China by developing 20 resorts there by 2021, following a financial booster shot from the Chinese conglomerate Fosun Group.

Speaking to The Business Times

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