US China Trade Wars
Chinese tourism in US slows down as tourists travel closer to home
According to the National Travel and Tourism Office, Chinese tourism to the US fell by 5.7% in 2018 to 2.9 million visitors. In comparison, the US welcomed more than 3 million Chinese visitors in 2016 and 2017.
Chinese state firms avoid US and allies trips as much as possible
The tensions between China and United States and its allies are strained more than ever as China advised that some state-run enterprises to avoid business trips to the US and its ally countries or to take extra precautions to protect their devices if they need to travel.
7 reasons why foreign businesses should think twice when investing in China
Last week, Wall Street Journal published an interesting piece claiming that Americans who flocked to China for better opportunities are slowly calling it quits and are flying home.
Weapons-grade tourism: US set to lose billions in revenue as Chinese tourist numbers dwindle
China claimed that Chinese tourists are “reluctant” to travel to the United States due to the escalating trade tensions and security concerns.
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