Development in Tax Refund Options Broadening Possibilities for Chinese Tourists in Europe

Chinese outbound tourists have developed a reputation as the highest spending travellers in the world and shopping is still seen as a fundamental aspect of the experience of going abroad. So renowned has Chinese tourists’ love of shopping become that the Japanese have coined a word, bakugai, to describe the ‘explosive’ consumption tendencies of Chinese visitors. For Europe, recent forecasts speak of around 8% growth of spending on luxury goods in 2017 by Chinese tourists[…]

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