China has a big weapon that it hasn’t used in the trade war — yet. Tourists. - News Summed Up

China has a big weapon that it hasn’t used in the trade war — yet. Tourists.


Chinese tourists spend an average of $6,900 on each trip to the United States, and China sent over 350,000 college students here last year. The boycott cost South Korean businesses nearly $7 billion in just a few months, as Chinese tourists obeyed their government’s orders to head elsewhere. “This so-called trade war is just a political game between state leaders of China and the U.S. . 9 on a list of the most popular destinations for Chinese tourists, down from No. In Los Angeles, Chinese tourists’ most-visited U.S. destination, tourism officials are cautious about potential trade-war fallout.


Source: Washington Post October 30, 2018 01:07 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */