
Chinese Tourism, Hit by Crash, Could Affect California
Chinese tourism and its robust spending could evaporate quickly, hurting California’s economy in mid-recovery.

Chinese tourism and its robust spending could evaporate quickly, hurting California’s economy in mid-recovery.

China’s official foreign capital flight was $300 billion for the year ending June 2015, and it could reach $1 trillion–assuming the People’s Bank of China is even providing reliable numbers.