BEIJING
Comprar Hombre Nike Air Vapormax 2018 Granates Rojos Negras , Feb. 9 (Xinhua) -- The Spring Festival traditionally is the most important time of the
year for family reunion, but as China has become prosperous, an increasing
number of wealthy Chinese are opting to travel abroad, which translates into big
business for global retailers.
In the Western world, the traditional shopping season usually lasts a month from Thanksgiving to Christmas holidays. But in recent years, Chinese consumers
have managed to add another month to it with the celebration of the Spring
Festival
Comprar Nike Air Vapormax 2018 Mujer Negras Rosa , which is as big a deal as Christmas to U.S. malls.
According to the Quartz, South Coast Plaza, the highest-grossing mall in the United States with 1.7 billion U.S. dollars in sales in 2015, its peak season
begins the day after Thanksgiving and ends not at Christmas but at the close of
Chinese New Year celebrations.
At the sprawling shopping center in southern California's Orange County this week, there are scarlet red dresses on the mannequins at the windows of Carolina
Herrera and Balenciaga mainly intended for receiving Chinese customers. Dolce
& Gabbana is selling a monkey-print T-shirt, exclusive to the
mall
Comprar Nike Air Vapormax 2018 Mujer Morado , in honor of the Year of the Monkey. Monkey takes the 9th place on the Chinese zodiac circle.
At this time of the year, many U.S. malls, particularly those in West Coast cities with large Asian-American or Asian expatriate communities, feature
Chinese Lunar New Year celebrations or decor. But the South Coast Plaza is
looking beyond its local clientele to a rapidly-growing base of wealthy Chinese
tourists spending serious retail money abroad.
The center has assiduously courted China since the early 2000s, long before that country's boom in foreign tourism. It was the first shopping center in the
U.S. to accept China UnionPay, a Chinese bank card. It was a prescient
investment. Chinese shoppers now make up 30 percent of the global luxury goods
market
Comprar Mujer Nike Air Vapormax 2018 Grises Rosa , with about half of spending done abroad.
Some economists have predicted that although Americans are still the largest consumers in the world, Chinese consumers will one day have more spending power
than Americans with a growing number of middle class.
The Chinese government estimates that 2.91 billion trips of all kinds will be taken over the Chinese Lunar New Year's 40-day travel season, in what is thought
to be the largest yearly movement of people in the world.
This year, overseas visits conducted by Chinese tourists are expected to reach a high of six million over the week-long holiday season that start
officially on February 7, according to Ctrip, a major online travel site in the
world's second-largest economy. That represents a 15 percent increase over the
total of 5.2 million overseas visits conducted by Chinese tourists over the
Lunar New Year season last year.
According to the China National Tourism Administration
Comprar Mujer Nike Air Vapormax 2018 Rosa , Chinese tourists undertook more than 120 million visits overseas in 2015, many of which helped support growth in
the countries of destination.
In 2014, Chinese tourists splashed 165 billion dollars overseas, a 28 percent rise from a year ago, the World Tourism Organization found in a report released
recently.
Besides the sales of U.S. malls, Chinese tourists also helped to provide a significant boost to Japan's economy. The Japan Tourism Agency confirmed in a
report that Chinese tourists made up 40 percent of total consumption by
foreigners in 2015 and spent an average of 2
Comprar Nike Air Max 1 Mujer ,393 dollars in Japan.In Japan's Kobe, celebration of the Chinese Spring Festival and visits by Chinese consumers this year have both added vigor and vitality to Nanjing town,
the second largest Chinatown in Japan, as well as economic benefits to the
region.
Along the streets, restaurants and shops showed off their cuisine on display stands, hawking about dim sum
Comprar Nike Air Max Thea Mujer , dumplings, buns and other traditional Chinese food. Dozens of people lined up in front of a renowned restaurant
selling steamed stuffed buns. Two hours passed, and the line was not shortened a
bit.
According to the organizer, about 30,000 people were expected to visit every day during the five-day celebration, including not only nostalgic Chinese
immigrants
Comprar Nike Air Max 90 Mujer , but also Japanese citizens and foreign tourists who are fascinated by Chinese culture.
"Spring Festival celebration has become a grand event for Nanjing town as well as for the city of Kobe. We will continue to hold colorful activities to
attract more visitors to Nanjing town," said Hiroshi Takigawa, head of the
executive committee of the Spring Festival celebration of Nanjing town.
As the world is facing daunting challenges including economic downturns, regional turmoils and refugee crises, the Spring Festival and Chinese consumers
will bring enormous benefits to the world economy.
BEIJING, July 27 (Xinhua) -- China's central bank said Thursday that it had extended a currency swap agreement with the Swiss National Bank.
The agreement allows the two central banks to swap 150 billion yuan (22.3 billion U.S. dollars) for 21 billion Swiss francs
Comprar Nike Air Max 97 Mujer , the People's Bank of China (PBOC) said on its website.
The move is aimed at providing liquidity for bilateral economic and trade exchanges while ensuring financial market stability, the PBOC said.
The agreement will be valid for three years and can be extended by mutual consent.
The two banks inked a 150-billion-yuan currency swap deal in July 2014.A currency swap deal allows two institutions to exchange payments in one currency for equivalent amounts in the other to facilitate bilateral trade
settlements and provide liquidity support to financial markets.
Chinese Premier meets former Greek PMBig year for China's military as PLA to celebrate 90th birthdayHukou Waterfalls in N China enter summer flood periodAirbus makes 1st direct flight between China, PortugalBig year for China's military as PLA to celebrate 90t.
