China Drives Malaysian Tourism and Retail Growth, but for How Much Longer?

August 29th, 2018
China Drives Malaysian Tourism and Retail Growth, but for How Much Longer?
The explosive growth of Chinese tourism over the last decade has proven great news for the economies of Southeast Asian countries. Traditionally reliant on long-haul and highly seasonal travelers from Western nations, the rapid emergence of a huge tourism market in Southeast Asia’s backyard—China—couldn’t be a more welcome development. While it is true that Chinese tourism development has been uneven and a cause of overtourism in tourist hotspots like Indonesia’s Bali, it’s still proven an overall positive for virtually all Southeast Asian economies. Just in terms of arrival numbers, Thailand is the clear leader in the region, and its neighbors are looking at different approaches to steal some of its luster—as well as recipes for success in the Chinese market. And even though Philippine President Rodrigo Duterte has given them a run for their money at times, perhaps none has been more eager to court Chinese tourism, investments, companies—really Chinese ... read more
Source: https://jingtravel.com/feed/Published on 2018-08-28By Daniel Meesak

 

 

 

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