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Monthly Archives: January 2018

China’s new high-speed train debuts on Beijing-Shanghai route

China’s new high-speed train debuts on Beijing-Shanghai route BEIJING, June 26 (Xinhua) — China’s next generation bullet train “Fuxing” debuted on the Beijing-Shanghai line on Monday. A CR400AF model departed Beijing South Railway Station at 11:05 a.m. for Shanghai. At the same time, the CR400BF model left Shanghai Hongqiao Railway...
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People carry no cash in China

People carry no cash in China About 14 percent people don’t carry any cash when they go out, as mobile payments replace wallets in China, French market research firm Ipsos reported Tuesday. Another 26 percent consumers carry less than 100 yuan and about 74 percent said they can survive for...
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Note on Chinese Tourists Spending Abroad

Summary Media and information outlets often do a simple division in which the total yearly ‘travel’ expenses of China is divided by the total Chinese outbound tourists, resulting apparently in the expenses per Chinese tourist. The Fig 1 also seems to be supporting such assertion. The problem arises when analysing...
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