Friday, October 31, 2014   

100m Chinese take flight and spend US$102b overseas
(01-09 11:27)

Nearly 100 million Chinese tourists visited foreign countries last year, and they are likely to remain the world's biggest-spenders, state media reported.
A total of 97 million Chinese tourists left the country in 2013, up 14 million from the previous year, the state-run China Daily reported, citing official data from National Tourism Administration.
Chinese travellers spent US$102 billion overseas in 2012, making them the world's biggest spenders ahead of Germans and US tourists, and are almost certain to have surpassed that record last year, the report said, citing researcher Song Rui.
“Chinese tourists spend so much abroad that some foreigners are calling us ‘walking wallets',’’ Song, a researcher at the Chinese Academy of Social Sciences, was quoted as saying.—AFP


   
Other Business breaking news:
German retail sales post biggest drop for 7 years (10-31 17:59)
Hang Seng finishes higher (10-31 17:22)
IAG airlines group logs improving Q3 profits (10-31 17:21)
European stocks rally at open (10-31 16:47)
Panasonic says half-year profit dives (10-31 15:53)
Nikkei soars to seven-year high (10-31 15:44)
Japan Airlines H1 net profit slips (10-31 15:43)
Sony says half-year loss balloons six-fold (10-31 15:42)
RBS sets aside 400m pounds for forex probes (10-31 15:41)
BoJ chief says at 'critical moment' for exiting deflation (10-31 15:40)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.