Business Standard

China needs more foreigners for economic growth

China has often worsened this problem by using tourism to further its political aims

Why China needs more foreigners
Premium

Citizens of only 13 countries are allowed visa-free entry to China (compared with 38 countries allowed by the US)

Christopher Balding | Bloomberg
For decades, China has sought to expand its “soft power,” or the ability to extend influence through non-military means. It spends some $10 billion a year promoting language schools and building universities overseas. It’s pushing entertainment companies to expand in foreign markets. And it has long been hoping to lure foreign travellers, just as the US and Europe do.

State media have said that the plan is to “develop tourism into a major driver of economic transformation and upgrading.” But that effort is faltering: Inbound tourism last year rose by only 3.8 per cent, with roughly 80 percent

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in