Biggest Us Export To China? Spending Past Times Chinese Tourists

International tourism is counted inward the official economical statistics every bit an export industry. We don't ever remember well-nigh it that way. But when, say, Chinese tourists inward the US purchase goods too services, thus Chinese consumers are buying goods too services produced inward the United States--which is what "exports" means.

Thus, I establish it interesting that US exports of services to Chinese tourists inward the US is the US manufacture amongst the largest exports to China. Here are some facts every bit compiled past times the US Travel Association:

• "In 2016, 3.0 meg Chinese travelers visited the U.S., an growth of xv per centum from 2015." 
• "China was the third-largest overseas inbound go marketplace position to the U.S. inward 2016." Apparently, 12% of all overseas tourist visits to the US originate from the United Kingdom, 9% from Japan, too 8% from China. 
• "Travel exports to China (ie: spending past times Chinese visitors too students inward the U.S., too on U.S. airlines) reached $33.2 billion inward 2016, significantly higher than whatsoever other country. This includes $12.5 billion inward education-related spending past times Chinese students inward the U.S."
• "Average spending per Chinese visitor was $6,900 inward 2016, the highest of all international visitors." If I'm reading the footnotes correctly, this let out doesn't include spending on education." 
• "Travel is the largest U.S. manufacture export to China, accounting for nearly xx per centum of all exports of U.S. goods too services to China."

As the merchandise conflicts betwixt the US too China continue, what is the likelihood that China mightiness retaliate past times making it harder for Chinese tourists to attain the US? After all, China has used limitations on tourism to pose line per unit of measurement area on South Korea, Taiwan, too others.

At to the lowest degree one commenter inward the go manufacture thinks it unlikely, for several reasons. Many Chinese firms are involved inward the Chinese tourism industry, thus limiting tourism would wound them, too. China has been choosing its tariff retaliation targets amongst to a greater extent than or less pump to hitting states that supported the election of President Trump, exactly limits on Chinese tourism to the US would accept the biggest effects inward California, New York, Illinois, too Massachusetts--none of them Trump strongholds. Finally, cutting Chinese go to the US would also touching on a lot of Chinese firms operating inward the US too the world markets, every bit good every bit Chinese students at US colleges too universities, which does non look to last a finish of China's government.

One irony hither is that to a greater extent than or less of President Trump's proposals to bound immigration would accept the lawsuit of reducing unusual students studying inward the US--and of the meg or thus unusual students inward the US, well-nigh one-third are from China.  Given that these unusual students are a US export industry, consuming goods too services (especially educational activity services) produced inward the United States, such a pace would accept the contrary lawsuit of the Trump direction wish for higher US exports to China too other countries.
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