China’s tourists turn from Japan to South-east Asia, but will momentum last?
The region could see Chinese spending worth US$35 billion this year – but what happens when tensions with Japan subside?
Add BT as a preferred source
[SINGAPORE] Ren Zihan, a resident of the northern Chinese city of Dalian, feels as if all her friends are vacationing in South-east Asia lately.
Pictures of durians and hawker food have filled her social media feed, the 32-year-old tells The Business Times. “It seems as if everyone is in Malaysia and Singapore at the moment.”
Beyond the usual phenomenon of travellers seeking warmer destinations during the winter months, a new factor is pushing Chinese tourists south.
TRENDING NOW
China narrows AI gap with US as open-source shift could hit valuations: George Yeo
‘So little’?: Why critics of Temasek’s 10.5% returns in a bull run are getting it wrong
Samsung, SK Hynix and leveraged ETFs drive 70% of Korea trading, drawing criticism
Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects
