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After shopping sprees abroad, it's time to really enjoy

By Shi Jing in Shanghai | China Daily | Updated: 2016-11-23 08:03

Recent yuan depreciation has not dampened Chinese tourists' enthusiasm for outbound trips, but has changed what they do abroad significantly. Now, instead of going on shopping sprees, they savor their leisurely hours.

Starting from the beginning of last year, the yuan has depreciated in four rounds by 10 percent till the end of October. Ratings agency Fitch expects that the Chinese currency will be allowed to depreciate gradually towards 7.2 yuan per dollar by 2018.

Ctrip, China's largest online travel agency, said it has seen no withering of interest in outbound trips so far, contrary to assumptions that they will be affected by a weakening currency.

After shopping sprees abroad, it's time to really enjoy

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