Trade wars are wars where injuries accrue cut by cut, tariff by tariff, slices taken off the top of GDP. But getting a bit granular, trade wars hit some business verticals (which of course make up GDP) harder than others. The latest jobs report shows...
Chinese tourism in the U.S. declined at a fast clip last year, ending what had been years of growth. According to a report in the AP, citing the National Travel and Tourism Office, travel from China to the U.S. declined 5.7 percent to 2.9 million...
The stock may have rebounded a bit, but the news may linger – and may portend some speed bumps ahead for Tiffany & Co. Shares for the luxury retailer were down double digits on Wednesday (Nov. 28) after the jewelry giant posted mixed results for...
One of the small joys of travel is waking up a bit later than expected, then skipping the check-out desk on the way to a cab or shuttle bus, the morning off to a strong start because there was no need to wait in a line....
March 20, 2018
According to the U.S. Commerce Department, 2.97 million Chinese nationals visited the U.S. in 2016 (the last year for which data is available), spending a net total of $333 billion. That’s roughly $7,200 per person per U.S visit, according to the U.S. Travel Association. It’s also a number that is only expected to grow, as both the number […]
September 04, 2017
Where in the world is Alipay? At this point, pretty much everywhere Chinese tourists might want to go, with most of Europe and North America now supported and South America...
December 28, 2023
While China’s domestic air travel market is experiencing a strong recovery, international travel reportedly still faces challenges. Factors such as economic conditions, ticket prices and visa issues contribute to the limited appetite for international travel, Bloomberg reported Thursday (Dec. 28). China’s international recovery has been slower than expected due to soft demand, according to the report. For […]
May 28, 2019
Chinese tourism in the U.S. declined at a fast clip last year, ending what had been years of growth. According to a report in the AP, citing the National Travel...
January 26, 2018
Alipay is partnering with Israel Credit Cards (ICC, CAL) and OneBill to launch its payments service platform in Israel. Alipay currently has more than 520 million Chinese users, and has...
October 25, 2017
Commerce-enabling technology provider First Data and international bankcard company UnionPay International announced Tuesday (Oct. 24) they had formed a new partnership to expand the acceptance of the UnionPay card in the...
