Ben Chu: It takes effort to sell to the Chinese
Outlook Something that would help secure a recovery is an increase in tourism. Chinese tourism in particular. Visitors from that part of the world are estimated to spend around £1,688 each in the shops of West End, versus £567 for tourists of other nationalities.
This was a statistic that emerged from a conference hosted by China Edge in London's May Fair hotel this week. Its purpose was to help retailers understand how they can attract wealthy Chinese to their outlets.
There has been much grumbling about the UK visa restrictions placed on Chinese visitors. That's legitimate since the bureaucracy is excessive. Chinese people have to turn up at a British consulate before their holiday with two biometric forms of identification and details of their bank account. Word had it that even the mayor of Guangzhou's wife was turned down for a visa a few years ago.
Unsurprisingly Chinese tourists often end up doing their shopping in France, where it's far easier to get in.
Yet some find the moaning from retailers hard to stomach. "All these lobby groups like the Bond Street Association have been highly critical of the government, but they have done nothing themselves," says one frustrated PR man. "They have no presence in China and they've done nothing on the web to attract Chinese tourists … they want ministers to do it all for them." Ouch.
- 1 Snoop Dogg and Jared Leto buy a stake in Reddit as A-list invests $50m
- 2 Car tax disc changes: Two days to go - and they affect you much more than just not displaying a piece of paper
- 3 Ed Sheeran dedicates song to David Cameron
- 4 Now we know whose fault it is if you end up being murdered in Thailand
- 5 35,000 walrus gather ashore on north-west Alaska beach 'for a rest'
Snoop Dogg and Jared Leto buy a stake in Reddit as A-list invests $50m
Five-year-old Iris Grace is raising awareness of autism through her extraordinary paintings
Car tax disc changes: Five facts you never knew about your (almost obsolete) tax disc
The Aral Sea: Nasa pictures show how what was once the fourth largest lake in the world has become almost completely dry
Amal Alamuddin: Human rights lawyer's legal chambers forced to upgrade website following George Clooney wedding
Isis, we are told, is a 'clear and dangerous threat to our way of life'. I’m sorry, but I just don’t buy it
Exclusive: 'Putin's Russia has been my biggest regret,' says Nato's outgoing Secretary General
The Osborne Ultimatum: Chancellor’s benefits freeze bombshell will affect ten million households
There’s no excuse for Dave Lee Travis’s behaviour, but we need to keep a sense of proportion
Should gay sex be illegal? 16% of Britons think so
Mark Reckless becomes second Tory MP to defect to Ukip in a month
- < Previous
- Next >
iJobs Money & Business
£18000 - £23000 per annum + Commission: SThree: Real Staffing are currently lo...
NEGOTIABLE: Austen Lloyd: TRUST ACCOUNTANT - KENTIf you are a Chartered Accou...
£18000 - £20000 per annum + OTE £30000: SThree: SThree are a global FTSE 250 b...
Highly Competitive Salary: Austen Lloyd: CITY - Law Costs Draftsperson - NICHE...