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Click to download the full LIC report containing these contents A joint survey of Chinese overseas tourism shopping during the first ten months of 2015 was released at the beginning of November by Mafengwo.com ...

Click to download the full LIC report containing these contents Chinese president Xi Jinping paid an official visit to the UK from October 19th to 23rd that was widely publicised, but the reaction of ordinary Chinese people to the visit ...

Click to download the full report On Aug. 6th, the Japanese media reported that luxury stores are moving back to Japan, as the opening of first floor luxury stores in Ginza peaked in 2014. ...

China begins to protect its tourists The first “Tourism Law of the People’s Republic of China”, which had been in the system for about 30 years was finally adopted by China's top legislature ...

Luxury travel market According to the global tourism data from 2012 released by the World Tourism Organization, Chinese tourists set a record in terms of overseas consumption of US$102 Billion, a 40% increase compared to 2011. From 2000 to 2012, the ...

This month The Standing Committee of the National People's Congress has begun to consider the "Tourism Law of the People's Republic of China (Draft)”, as the government plans to make tourism a pillar of the Chinese economy. Tourist Characteristics Unlike the motivations ...

Of the 40,310 respondents who traveled overseas, 70% claimed that they had spent most of their budget (other than their flight tickets) on luxury. Some interviewees mentioned that buying luxury goods abroad could save money, and that sometimes the saving ...

According to a joint Bain and Fondazione Altagamma report 'Global luxury market survey' published on 15th October, the luxury market size for China this year is estimated to be€15 Billion (about 117.8 Billion RMB), a decline of 2% compared to ...

According to a report produced by the Fortune Character Institute, China's per capita luxury consumption outside of the mainland reached € 1,508 in 2013, making it the world's highest being 3 to 5 times greater than that of European citizens. ...

As identified earlier in this piece, another important affect of the law is that travel agents are not allowed to designate specific shopping places to their clients. As a result, travellers need to identify stores themselves. Those retailers who used ...

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