Chinese consumers spent about US$7.2 billion on luxury goods overseas during the week-long Spring Festival holiday, a 28.6 percent jump year-on-year, according to a survey […]
Tag: France
Shenzhen, a city in southern China, is considering passing a law to protect people who help strangers from being sued, after a case in which an injured toddler was ignored by 18 passers-by, a report said recently […]
The number of active Internet users in Brazil in September 2011 was 46,300,000, an increase of 14% over the same month last year. With the new number, Brazil beats Germany, France and the UK in number of active users at home or at work. The Brazil ranks third in the list of countries that monitor the internet using the same methodology […]
Brazilian consumers led the purchase of mobile phones, HDTVs, digital cameras and netbooks in a study by consultancy Accenture. The annual survey on electronic products and services, highlighting the emergence of “a new paradigm of consumer technology,” calls attention to the emerging countries’ thirst for consumer electronics, compared to more stable markets of rich countries […]
China is witnessing an unprecedented boom in hotel construction that is changing the face of the global hospitality industry. The country will have the highest number of hotels under construction and room openings in the world for each of the next two years, according to figures released by Lodging Econometrics, the US-based hotel retail estate market analysts […]
While the rise in numbers of Chinese tourists travelling overseas are influencing the world tourism landscape in economic, cultural and other ways, the destination countries are also adapting themselves to the booming influx of Chinese tourists […]
Spending by Chinese travelers nearly doubled from 2010 due to the growing number of affluent shoppers and the yuan’s appreciation, Hurun Report said recently […]
China, already the world’s second-largest luxury goods market, will soon slash import duties on “opulent items” to encourage wealthy local shoppers to buy more pricey cosmetics, watches and liquor […]
Brazilians’ spending in France surged last year and in the first quarter of 2011 but the Russians remain the second biggest tourist spenders after the Chinese, according to a study published on recently […]
A report by Global Blue has found that Chinese visitors spent an average of 1,300 euros (US$1,900) every time they hit the shops […]