FSA Investment Forum Singapore: Asian consumption plays

Added 10th November 2015

In a video interview, Mirae's Christopher Chen says Asian consumers are only beginning to travel overseas and the sector is expected to blossom over decades.

Using China as an example, he says although one sees Chinese travellers everywhere, the passport penetration rate is only 5% of the population. Chinese tourism is in its early stages and that negative factors such as weaker currencies will not have an impact on the tourism sector in the long-term.

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