spending
2016 Saw Double-Digit Growth in Chinese Tourism Spending: UNWTO
China increased its lead as the world's most valuable tourism market in 2016, accounting for over double the tourism spending as the next runner-up. Read More
Chinese Tourists in Asia are Spending Less But Traveling More
Lower average spending might sound like terrible news, but is actually evidence of the democratization of international travel in China. Read More
Government Clampdown Ignites Chinese Luxury Property “Fire Sale”
As Beijing continues its much-publicized crackdown on government corruption and exorbitant spending, thousands of Party officials have reportedly gone on a months-long selling spree to divest themselves of high-end properties purchased in recent years. Read More
China Tourism Briefs: India, Hawaii, Denmark
A roundup of recent news from the Chinese inbound and outbound tourism markets, from China's plan to woo more Indian tourists to recent Danish overtures and Hawaii's enduring draw among Chinese travelers. Read More
Chinese Tourists Take The Gold In London Olympics Spending
With their Olympic team currently topping the medal charts at the London 2012 Olympics, Chinese tourists are topping a different chart, outspending all other international tourists visiting the British capital during the games. Read More
How Are China’s One Million Millionaires Spending?
Property at home and abroad, expensive private schools in the US and UK for their children, "logo-lite" luxury goods, and vacations; According to a new report, China's millionaires continue to spend heavily despite slower growth in the broader economy. Read More-
What Effect With China’s Public Spending Clampdown Have On Luxury?
Tough times may lie ahead for luxury-mad Chinese officials, as Beijing announced its latest edict earlier this week: a complete ban of government splurges on luxury goods with public funds, set to take effect on October 1. Read More 
Report: China To Lead Luxury Demand “For Years To Come”
According to a new report by CLSA Asia-Pacific Markets, though the overall growth rate of the Chinese market should slow this year, “Wealthy individuals won’t slow down their spending.” Read More
After Targeting Luxury Cars, Chinese Government Mulls High-End Booze Ban
Coming on the heels of last month's announcement that it may require government offices to purchase only domestic auto brands, Beijing recently said it plans to ban officials from spending public funds on cigarettes and luxury alcohol. Read More-
Report: Look For Second-Hand Luxury Boom In China This Year
According to the newest UIBE China Luxury Report, 2012 should be another good year for luxury brands in China, though a growing number of ultra-wealthy consumers may cut back in the face of falling property prices and a bearish stock market. Read More
