the government says it is a reasonable offer. the chief minister of the indian state of uttar pradesh appeals for calm after a former politician convicted of kidnapping is shot dead live on tv along with his brother. now on bbc news it s talking business. hello and welcome to talking business, with me, tadhg enright. let s have a look at what s on the show. can revenge spending save the world economy? after more than three years, lockdown is finally over for more than a billion people in china. they ve had time to stash trillions of dollars worth of savings. are they about to spend it travelling the world? and what s that going to mean for the rest of us? i ll be getting the lowdown on revenge spending with this top team steve odlan of the us conference board, tian lu from the economist intelligence unit in china, and gary barrowman, the man who literally wrote the book about the chinese tourist. and now people have got places to go, are they going to bejewel themselves
i ll be getting the lowdown on revenge spending with this top team steve odlan of the us conference board, tian lu from the economist intelligence unit in china, and gary barrowman, the man who literally wrote the book about the chinese tourist. and now people have got places to go, are they going to bejewel themselves to go there? wherever you rejoining me from around the world, i ll be finding out from the boss of pandora, the biggest jewellery brand in the world. wherever you rejoining me from around the world, once again a big hello and a warm welcome to the show. china was the first country to lock people down due to covid, and now it s one of the last to ease restrictions. following anti lockdown protests late last year, president she finally ended his zero covid policy, opening up cities and travel once more. that reopening was underlined in the last few weeks by president xi welcoming european leaders, including france s president emanuel macron, to the country, and
how important is it? it is a mixed one, if you go back to 2019, it was less . than a million chinese, i about 900,000 chinese visitors to the uk. it was growing, but china wasn t a top ten inboundl source market for the uk, it was number 13 in 2019.| but it was the second highest in terms of per person- spend, it was number two. you see that in most - countries around the world, china tends to outspend most other countries when it - visits in large numbers. if you were advising tourism industry bosses around the world how to appeal to chinese tourists, what would you be telling them to do? rethink absolutely everything. everything you learned before the pandemic, rethink it. - the chinese consumer economy, the chinese domestic travel- economy, has changed considerably over-
a long time to really rethink what travel will mean to them in future, and the chinese - are no different to that. they want to explain new things they haven t been able to do - for the last three years. what about the uk market, how important is it? it is what about the uk market, how important is it? important is it? it is a mixed one, if important is it? it is a mixed one. if you important is it? it is a mixed one. if you go important is it? it is a mixed one, if you go back- important is it? it is a mixed one, if you go back to - important is it? it is a mixed one, if you go back to 2019, | important is it? it is a mixed | one, if you go back to 2019, it was one, if you go back to 2019, it was less one, if you go back to 2019, it was less than one, if you go back to 2019, it was less than a one, if you go back to 2019, it was less than a million - was less than a million chinese, was less than a million chinese, about- was less than a million . chinese, about 900,000