China’s Outbound Travelers May Be Spending Less on Luxury Goods

Source: Travel News

Anthony Kwan  / Bloomberg

Chinese outbound travelers often prioritize luxury goods shopping while overseas. But economic uncertainties at home may be reducing outflows of tourists. Anthony Kwan / Bloomberg

Skift Take: Fears of a Chinese slowdown have spooked luxury brands that look to outbound tourists from the world's second-largest economy to fill their shops. We at Skift can worry with the best of them about global trends, but for now, this Chinese spending decline seems modest and manageable.

— Sean O’Neill

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China’s Outbound Travelers May Be Spending Less on Luxury Goods