Gloom for Retailers as Chinese Tourists Spend Less on Shopping
- Chinese tourist spending on shopping dropped 17% last year
- Total holiday spending still rising, remains highest in world
A Chinese tourist carries a tablet device during a visit to the Parthenon temple in Athens.
Photographer: Yorgos Karahalis/BloombergThis article is for subscribers only.
Start your day with what's moving markets in Asia. Sign up here to receive our newsletter.
They’re still coming in droves -- but no longer buying in spades.