Steady flow of Chinese tourists expected during Golden Week

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Steady flow of Chinese tourists expected during Golden Week
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MEXICO CITY (Reuters) - Latin American e-commerce giant MercadoLibre's fintech arm, Mercado Pago, has submitted its request for a banking license to the Mexican regulator, the unit said on Wednesday.

PETALING JAYA: Tourism players expect steady Chinese tour group and traveller arrivals during China ’s upcoming Golden Week holidays starting from Oct 1 despite economic challenges and evolving trends.

“While the Chinese renminbi has fluctuated against the Malaysian ringgit in the past few months, it has generally been stable, maintaining Malaysia’s appeal to Chinese tourists seeking value-for-money experiences,” he said. He also urged the government to monitor and intervene to maintain market stability, enforce safety protocols and ensure tourists’ well-being.

Wong also observed an increase in small-group travel among Chinese tourists who book independently, often following information from social media platforms like TikTok and Xiaohongshu.

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