Chinese travellers splash out a record US5 billion on overseas holidays despite slowing economic growth

Updated 2016-03-25 13:19:00 China.com

Chinese travellers splash out a record US5 billion on overseas holidays despite slowing economic growth

Mainland Chinese tourists splashed out a record US5 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 tourists, in both number of trips made and money spent on overseas trips.

China had its slowest economic growth in over three decades last year, sparking fears the economy would drag on global growth and markets.

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