How do wealthy Chinese spend money overseas?

Updated: 2016-01-26 10:32

(People's Daily Online)

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How do wealthy Chinese spend money overseas?
 
In Japan: Chinese tourists spent an average of 14,870 yuan in the third quarter of 2015

Chinese tourists paid nearly 5 million visits to Japan in 2015—an increase of 107 percent from the previous year, according to Japan's official figures. China has become Japan's largest source of tourists; out of every four foreign visitors, one is from the Chinese mainland. In the third quarter of 2015, Chinese tourists spent an average of 14,870 yuan in Japan, 51 percent of which was spent shopping. The strong purchasing power of Chinese tourists has injected new vitality into Japan’s weak economy.

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