Financial Times FT.com

Chinese tourists opt to stay at home

By FT reporters

Published: October 16 2008 18:56 | Last updated: October 16 2008 18:56

Chinese tourism to some Asia-Pacific destinations fell by more than 20 per cent in August, raising concerns in the travel industry that the impact of the global financial crisis may be compounded by a slowdown in its biggest source of international growth.

Observers blame the drops partly on the Olympics, which saw Chinese gather around televisions and Beijing restrict some government employees and financial executives from travelling to ensure the country ran smoothly during the games.

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