21st Century Chinese Tourism

Richard Watt, Investment Commentator at Fidelity brings us an interesting breakdown
of 21st Century Chinese Tourism.

Particularly relevant with the Aquis Great Barrier Reef Resort and Casino development in our midst.

“Tourism plays an often-understated but vital role in most economies. It’s estimated, for instance, that the industry employs nearly 10% of the world’s workforce directly or indirectly, generates about 9% of the world’s output and earns about 6% of the world’s export revenue.[1] Those numbers are about to swell because tourism worldwide is about to get one almighty boost; the Chinese are now travelling. ”

Read Full Article – KWS Chinese Tourism May2015

 

Chinese Tourism

 

 

You may also like

Investment & Economic Snapshot 2026 FY in review & outlook

Investment & Economic Snapshot 2026 FY in review & outlook

2026 Financial year in review The Financial Year 2026 was a strong year for global equities, driven by beneficiaries of the artificial intelligence (AI) infrastructure build-out that favoured US technology companies and select emerging markets. Australian equities...

read more
The Federal Budget May 2026

The Federal Budget May 2026

Big Changes are here. The 2026–27 Federal Budget brings major changes to Australia’s tax landscape. With updates to super, CGT, negative gearing, and trusts, now’s the time to review your strategy and plan ahead with confidence.  Tax Reform | Boosting Home Ownership:...

read more
Investment & Economic Snapshot April 2026

Investment & Economic Snapshot April 2026

As of April 2026 Summary  In April, global markets recovered much of the drawdown experienced in March. A fragile ceasefire between the US and Iran took hold, and while the Strait of Hormuz briefly reopened to traffic, restrictions were reimposed later in the month....

read more