Wednesday, July 30, 2008

Businesses across China also are reeling ......(forbes.com)

quote
from a government decision to tighten security screening of applicants for both business and tourist visas.
Some tourists have been blocked from traveling, while others simply have been turned off. Upscale hotels, many of which went through costly renovations for the Olympics, have been half-empty in the past three months. Industry executives say it is the worst slump since a severe pneumonia outbreak that jumped from China to the world.
"It is almost as bad as 2003, when SARS broke out," said Matthew Lin, director of Bravo Tours China in Shanghai, where he said business is down 30 percent. "Many foreigners canceled their trips or didn't bother to come."
unquote
Congratulations - Job well done !
Full report here:
http://www.forbes.com/feeds/ap/2008/07/29/ap5265994.html

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