Chinese tourists used to belong to the relatively wealthy, but as the picture diversify, more are young and aspiration. Bargains and outlets are becoming higher on their travel agenda, WSJ wealth editor Wei Gu explains. A slower Chinese economy also does not help the high-end luxury industry to catch those buyers.
What do Chinese tourists want, the China Weekly Hangout asked last week Roy Graff of ChinaContact. He also pointed at the huge changes taking place among Chinese tourists, and told that there is no longer ‘no size, fits all’ solution.
The upcoming cyber war is the subject of the +China Weekly Hangout on Thursday 27 June. The revelations by Edward Snowden showed that the US is preparing a military shake-out, as both China, Russia and other countries are building up their cyber war capacities too. Joining us are former security consultant +Mathew Hoover and media en communication lecturer +Paul Fox of the Hong Kong University. Moderation by +Fons Tuinstra, president of the China Speakers Bureau.