How do wealthy Chinese spend money overseas?
People's Daily Online | Updated: 2016-01-26 10:32
In South Korea: Per capita consumption of Chinese tourists reached 14,283 yuan in 2015
The number of Chinese visitors to South Korea is estimated to have been 6.11 million in 2015, accounting for more than 40 percent of foreign travelers to the country. Official data show the per capita spending of Chinese tourists reaches some 14,283 yuan in South Korea, more than twice that of other countries. In 2015, Chinese tourists' spending on accommodation, transport and shopping contributed 22 billion USD to South Korea’s economy, about 2.6 percent of the country's GDP.
