Thailand No Longer Top Overseas Destination for Chinese Tourists
- Japan and South Korea emerge as preferred spots in HSBC survey
- Short-haul travel seen recovering faster than long-haul: HSBC
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Thailand has lost its spot as the most popular cross-border destination for tourists from mainland China, according to a survey by HSBC Holdings Plc, as neighboring Japan and South Korea moved up the list.
“Barring Hong Kong and Macau, Japan and Korea emerged as the top two preferred cross-border destinations,” analyst Parash Jain wrote in a report. “This reinforces our view that short-haul travel will recover earlier than long-haul international travel.”