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China’s outbound tourism likely restrained as trade war, yuan weakness deter overseas travels: Euromonitor

Summary:
[unable to retrieve full-text content]China is expected to suffer more than the US in outbound tourism over the next five years under a scenario of heightening trade war between the world’s two largest economies, according to an analysis by Euromonitor International. The number of Chinese travellers going overseas is estimated at 160 million by 2024, instead of an upside potential of 165 million without a trade war, the market research firm said in a report released on Wednesday. Some 135 million Americans are seen making overseas…

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[unable to retrieve full-text content]
China is expected to suffer more than the US in outbound tourism over the next five years under a scenario of heightening trade war between the world’s two largest economies, according to an analysis by Euromonitor International. The number of Chinese travellers going overseas is estimated at 160 million by 2024, instead of an upside potential of 165 million without a trade war, the market research firm said in a report released on Wednesday. Some 135 million Americans are seen making overseas…

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