LA sees influx of Chinese visitors
By Lia Zhu in San Francisco | China Daily | Updated: 2016-03-01 10:35
Tourism insiders in Los Angeles are optimistic that the Chinese market will continue to grow in the next few years despite recent economic challenges, such as the strength of the dollar against the yuan and the volatile stock market in China.
"That market is so deep that it will survive these challenges," Ernest Wooden Jr, president and CEO of the Los Angeles Tourism & Convention Board, told China Daily.
"We believe the Chinese market is very elastic, and of course, very, very big - 1.37 billion citizens. So our estimates are that demand for visiting Los Angeles will continue at least, as far as we can see, into the next couple of years," Wooden said, adding that he expects double-digit increases in the future.
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