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Analysis: Travel Is Booming in China, so Why Are State Tourism Firms Bleeding Red Ink?
A building spree left state-backed developers with idle projects and heavy debts, exposing another stress point in the country’s chronic local government financing problem
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caixinglobal.com
Analysis: Travel Is Booming in China, so Why Are State Tourism Firms Bleeding Red Ink?
A building spree left state-backed developers with idle projects and heavy debts, exposing another stress point in the country’s chronic local government financing problem
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global.chinadaily.com.cn
Domestic travel shows strong growth in H1
Domestic tourism in China hit record highs in the first half of this year, with both trips and spending posting simultaneous growth — a performance experts said underscores…