China's weaker consumer sentiment raises concerns about the return of Chinese tourists and their tourist dollars. Overseas travel has been slow to recover compared to domestic tourism.
China may have surpassed its growth target in 2023, but weaker-than-expected consumer sentiment has raised questions about whether Chinese travellers – and their tourist dollars – will make a return this year. With tourist destinations on the mainland experiencing a robust rebound of visitors over the past year, overseas travel – a more expensive form of tourism – has been slow to recover.
The absence of Chinese tourists has been keenly felt in South-east Asia, where for many countries, China had once been their largest source of visitor arrivals. Singapore, for example, received just 37 per cent of the visitors who had come from mainland China in 2019 between January and November 2023. Tourism receipts from mainland Chinese visitors in the first half of 2023 were just 56 per cent of the corresponding figure in 2019
China Growth Target Consumer Sentiment Chinese Travellers Tourist Dollars Rebound Overseas Travel Tourism South-East Asia Visitor Arrivals Singapore Tourism Receipts
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chinese New Year Ang Bao Hierarchy: How Much to Give and to WhomFind out the ang bao hierarchy for Chinese New Year and how much to give to different family members. Learn about the cultural significance and expectations.
Read more »
Chinese Company Develops Nuclear-Powered Battery That Lasts 50 YearsA company in China has developed a nuclear-powered battery that can last for 50 years without recharging. The battery, called BV100, is smaller than a coin and can be used in extreme conditions.
Read more »
Chinese Premier Calls for Global Cooperation at World Economic ForumChinese Premier Li Qiang highlights China's wish to enhance global economic cooperation at the World Economic Forum in Davos. However, more details are sought on Beijing's plans to achieve this goal, including reforms and policies to support business in China.
Read more »
Taiwan's Presidential Election Not a Hot Topic on WeiboNews of Taiwan's presidential election did not make it to Weibo’s list of the hottest topics. A computer programmer in China expressed concerns that Nancy Pelosi's visit to Taiwan could lead to a war between China and the US. However, he believes that the outcome of Taiwan's election is irrelevant as Taiwan is caught in the US-China rivalry and will eventually be reclaimed by China.
Read more »
Mandarin Immersion Programs in US Face Challenges Amid Sino-US TensionsPublicly funded Mandarin immersion programs in the US are facing challenges due to Sino-US tensions. These programs, where students as young as three years old learn their regular classes entirely in Chinese, were initially established during a period of American engagement with China. However, the current dynamics have shifted, casting doubt over business opportunities and leading to negative views of China among Americans.
Read more »