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Can You Believe China’s Tourism Data? On Lipstick, Airplanes & Real Estate – Barron’s

Can You Believe China’s Tourism Data? On Lipstick, Airplanes & Real EstateBarron’srecent research from the Federal Reserve Bank of San Francisco sheds light on how financial outflows might have been concealed or mismeasured as tourism spending. The key conclusion is that capital outflows concealed as travel spending are “large and … and more …read more […]

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