For PropertyGuru’s news roundup, we feature three news stories on China’s outbound tourism and its effects on Vietnam, the Asia Pacific region, and the global economy.
China’s thriving outbound tourism contributes to global economic recovery
China’s outbound tourism surged during the past Chinese New Year holiday. According to The Malaysian Reserve, China’s Ministry of Culture and Tourism statistics showed that Chinese tourists made around 3.6 million overseas trips during the holiday.
International observers said that this increase has contributed to the growth of the international tourism industry and boosted the global economic recovery.
Several Southeast Asian countries have successively implemented visa-free policies to attract more Chinese tourists.
Chinese tourists are driving Asia Pacific’s travel boom — flight bookings to hit pre-pandemic levels
Asia Pacific’s travel sector exhibited strong growth, with demand for flights set to match…
