The post-pandemic future of Chinese tourism

Chinese tourists jump as they frolic in Boracay in Philippines April 8, 2018. REUTERS/Erik De Castro

The Asia-Pacific tourism industry was thriving before the Covid-19 pandemic, driven by strong demand from Chinese tourists with increasing disposable incomes. Pre-pandemic, Chinese tourists’ arrival to the Asia-Pacific region was forecast to increase to 150 million by 2020, with an aggregate expenditure of US$230 billion. But this did not materialize due to pandemic-related travel restrictions that […]Continue Reading

How structural growth and stable funding anchor Indian and Indonesian financiers' resilience

India’ s domestically-driven economy and Indonesia’ h commodity-led exports should provide some strength despite a more difficult operating environment characterised by higher global inflation, rising rates of interest and liquidity tightening. Elaine Koh, senior director for Asia-Pacific non-bank financial institutions from Fitch Ratings talks about the prospects meant for India and Indonesia’ s finance and leasing sector in the current economic environment.Continue Reading