What worries retailers in Asia? RetailDetail CEO Jorg Snoeck sat together with top retailers in Asia behind the scenes of NRF 2024: Retail’s Big Show Asia Pacific. A conversation about the impact of Asian tourists, China’s influence in Africa and hot topics such as human rights, cultural misunderstandings and socio-economic challenges.
Tourism: a blessing or a curse?
The Chinese government limits tourist outflow through visa controls. Before COVID-19, a fifth of China’s population travelled, amounting to 280 million people. After the pandemic, the number of tourists dropped drastically – not only in Europe, but also in Asia.