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Weakening of Chinese Yuan as a result of trade war will likely kill thriving Chinese outbound tourism

May 21, 2019 By Travel Magazine

Trade war takes its toll on the thriving Chinese outbound tourism. Weakening of Chinese Yuan will make travelling abroad prohibitively expansive for millions of Chinese budget tourists. One can argue that weakening Yuan may make China more attractive destination for inbound travelers but it’s not nearly enough to offset negative impact of trade war for the Chinese travel market.

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