The Future of Travel and Tourism in China to 2016 - New Market Research Report
In 2008 and 2009, inbound tourism to China declined despite the country hosting the 2008 Beijing Olympics Games. This was primarily due to the global financial crisis which caused rising unemployment rates and a decrease in the disposable income levels of many developed populations. Despite the decline in inbound tourism during 2008-2009, the Chinese tourism sector recorded significant growth during the review period (2007-2012), stimulated by the government's US$3.7 billion investment in the development of the sector. During the review...
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