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Duty-Free Boom Fuels Surge in Chinese Tourism Stocks

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Domestic travel and looser duty-free rules are helping to boost Chinese tourism stocks, despite the pandemic

While Covid-19 means the global travel industry is in dire straits, holiday-making inside China is recovering because the country moved fast to suppress

the novel coronavirus. That has allowed China’s economy to return to growth in the second quarter—and made Chinese sales a bright spot for many U.S. companies.

 

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And for the first time in decades, tourism destinations throughout the rest of the world will be spared the usual hordes of obnoxious, rude-as-hell Chinese tourists (nothing to do with their ethnicity, it’s the same phenomenon American tourists were loathed for until recently)

中国人满世界跑说我们没素质。中国人国内游又酸得不得了😏

Any American investing in China right now should be dragged from their tower for treason.

They are welcome to it!

How much did China pay you to print this?

Do you mean China 🇨🇳 the country that used biological warfare against the United States and the rest of the entire world? that’s what I thought you said🧐🤮🤮🤮🤮fuck 🇨🇳!

Oh, sorry we have overcomed the pandemic. How about America, 5 million people got affected. God bless America.

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