More Chinese travelling to South Korea as memories of political chaos recede
Bookings from China – South Korea's largest source of foreign visitors – for the three months from April to June have been about 24 per cent higher than for the three months ending in February, according to data compiled by the travel marketing and technology company China Trading Desk.
Bookings from China to South Korea for the three months from April to June have been about 24 per cent higher than for the three months ending in February, according to data compiled by China Trading Desk, a travel marketing and technology company. China is South Korea's largest source of foreign visitors.
Chinese bookings rose just 7 per cent year on year in February, making it the slowest-growing month so far this year, the company said. China's annual Lunar New Year outbound travel boom ran from January 28 to February 4 this year.
Between December 2 and 9, as the Korean political fracas unfolded, bookings from China to South Korea for January and February fell by 12 per cent, it said.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
South China Morning Post
32 minutes ago
- South China Morning Post
Heading to Japan? How Hongkongers can prepare amid earthquake concerns
Recent rumours about a 'megaquake' hitting Japan on July 5, stemming from a manga artist whose earlier prediction in 2011 reportedly came true, have caused some concern among Hong Kong residents planning to travel to the country this month. Advertisement While Japanese authorities have dismissed the claims, stating that earthquakes cannot be predicted with current scientific knowledge and can occur anywhere at any time, even outside Japan, the Post has gathered expert advice for travellers on how to cope should an earthquake hit. 1. How do I prepare for an earthquake? The Hong Kong Observatory recommends that travellers download earthquake warning applications. The Japan National Tourism Organisation offers an app called 'Safety Tips', which provides push notifications for early earthquake warnings in English, Chinese and other languages, along with general safety advice. The 'Safety Tips' app is available on Apple and Android devices. For accidents and emergencies in Japan, tourists can call 050-3816-2787 for help in English, Chinese, Korean and Japanese. Hongkongers overseas requiring help can visit the hotline information site Advertisement Additionally, travellers should ask their hotels or residences about emergency escape routes in case of an earthquake.
South China Morning Post
39 minutes ago
- South China Morning Post
As China vows once again to tackle solar panel oversupply, will this time be different?
China has vowed to reduce excessive competition and oversupply in its solar photovoltaic (PV) industry, which is continuing to explore global markets. Industry and Information Technology Minister Li Lecheng told 14 representatives from solar PV manufacturers and industry associations on Thursday that the 'industry must be governed in accordance with laws and regulations, and disorderly low-price competition should be comprehensively addressed', the ministry said in a statement released after their meeting in Beijing. 'Companies should be guided to improve product quality, promote the orderly phase-out of outdated production capacity, and achieve healthy and sustainable development,' Li said. On Tuesday, at a meeting of the Central Financial and Economic Affairs Commission, the country's top economic decision-making body, President Xi Jinping took aim at 'disorderly low-price competition' and ordered the removal of excess industrial capacity. At Thursday's meeting with Li, PV industry representatives talked about the difficulties they faced in production, innovation and competition, and offered suggestions for possible policy support, the ministry said. Li urged those present to have a 'comprehensive and objective view of the development landscape of the photovoltaic industry' to 'further consolidate and enhance' China's advantages in the industry.
South China Morning Post
an hour ago
- South China Morning Post
Chip design software firms climb as US lifts curbs on China exports
Shares of Synopsys and Cadence Design Systems jumped on Thursday after the US lifted export curbs on chip design software to China, easing uncertainty around access to the crucial market. The restrictions, announced in late May, had essentially cut off the market that brings over 10 per cent of revenue for the industry's major players, hitting forecasts and knocking down shares. The export resumption meant both companies would only lose one month of revenue in the current quarter, Mizuho analysts said. The easing trade tensions may also clear the path for long-awaited Chinese approval of Synopsys' US$35 billion buyout of engineering software firm Ansys, the analysts added. Synopsys, which had pulled its forecast in May because of the curbs, rose 4.9 per cent. The company said on Wednesday it was still assessing the impact of export restrictions on China on its financials. Cadence's offices in San Jose, California. Photo: Reuters Cadence gained 5.1 per cent, while Ansys rose more than 4 per cent. Germany's Siemens, the third major player in the electronic design automation tools sector, was up about 0.8 per cent in Frankfurt.
