Chinese tourists are blowing record amounts of money despite the slowdown

Mainland Chinese tourists splashed out a record US$215 billion on their holidays abroad last year despite slowing economic growth and stock market turmoil at home, an industry report said. The figure was 53 per cent higher than the 2014 total, adding greatly to the growth in global spending on travel and tourism, according to a World Travel and Tourism Council report released on Monday. The report also put China ahead of the United States and other developed countries as the top global source of...