New blog published by Professor Arlt on Forbes: Grand Hotel China

Professor Wolfgang Georg Arlt of the Chinese Outbound Tourism Research Institute has just published a new article on his Forbes blog website. In this new blog, he analyzes the fact that Chinese companies are entering the global hotel markets by directly purchasing internationally recognized hotels or hotel groups. This has been a remarkable development of Chinese investments abroad, as Chinese capital still had little share of the global hotel market only a few years ago.

According to Professor Arlt, the main reason of this development attributes to the relaxation of the previous restrictions imposed by the Chinese authorities upon the big companies. Due to these restrictions, Chinese companies need to gain approval of the government before conducting huge acquisitions abroad. With this barrier lifted, Chinese enterprises can now gain access to the foreign markets more easily, which leads to the increasing influence of Chinese capital on the global market.

For more details, please to refer to the blog of Professor Arlt on Forbes.

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