Dear subscribers of COTRI INTELLIGENCE!
The Golden Week holiday in China is over and it has provided many answers to the question how Chinese consumers will spend their time and their money especially on travel and tourism at home and abroad.
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In this week’s edition of COTRI INTELLIGENCE, the Topic of the week accordingly deals with the lessons to be learned from a realistic assessment of the Golden Week, which this year came in a XXL edition as it could be combined with the Mid-Autumn Festival.
The Deep dive consulting text looks at one of the oldest cultural features of China, which is experiencing a revival in post-pandemic China: Gambling. Betting and games of luck have been an important part of life for Chinese of all classes, genders and regions throughout history and has survived all attempts to get rid of such an anti-socialist vice. Visiting casinos has been a major activity for many Chinese visiting Macau SAR as well as other destinations from Singapore to Sihanoukville or the Philippines. In the text the future importance of gaming and gambling for outbound tourism is analysed.
Facts and Views provides another deep look into Chinese culture: “Pengyou” (friend) is one of the first words learned when studying Standard Chinese language (Putonghua / Mandarin), used for practically everybody you meet outside of clearly defined relations. “Zhengyou” however means a friend or an adviser who dares give voice to unpleasant truths, offering discomforting opinions and counsels caution. How important the differentiation is and how a lack of Zhengyous seem to influence modern China are aspects which provide another aspect of how to communicate with Chinese business partners or customers.
In the News you will find as always selected news items about different aspects of the Chinese outbound market.
In COTRI News an update is provided for the QTM Qatar Travel Mart 2023.
Enjoy this week’s new content and the growing library of previous articles!
Your humble editor of COTRI INTELLIGENCE,
Prof. Dr. Wolfgang Georg Arlt
THIS WEEK'S TOPICS:
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