, Columnist
Ctrip Isn’t the Last Stop for China’s Troubled Train
The writing is on the wall for big-name tech stocks as consumers pull back.
When money gets tight, travel is the first luxury to go.
Photographer: Tyrone Siu/ReutersThis article is for subscribers only.
First there was Baidu Inc. and Alibaba Group Holding Ltd.
Now Ctrip.com International Ltd. joins the gang of Chinese internet companies unable to avoid the headwinds of an economic slowdown.