visitors are known to spend more cash there on average then tourists from other countries take interlochen in switzerland for example usually a magnet for chinese tourists but nowadays the numbers have dropped and the visitors that do are i have spend their money on face masks rather than swiss watches. straight to the top of europe the young fellow. where everyone wants to go especially the chinese normally 10 percent of the tourists here come from the people's republic of china but beijing's group travel restrictions to contain the coronavirus epidemic have seen tourist numbers fall dramatically in interlochen residents can feel the difference. also i got more space as residents normally the streets are full of chinese tour groups and you've got to watch out for them on their bikes when you're driving. along with them all told but right now it's quiet. this pharmacy usually sells luxury cosmetics to chinese tourists right now face masks are flying off the shelves pharmacists simona portman how to get more in. the end up until now i thought they were sold out inside a few hours we ordered

hear chinese visitors in interlochen certainly means losses for retailers after all the swiss make 80 percent of their watch sales to the chinese but tourist or 30 monitor or scarcely is taking a calm approach you see so every crisis is also an opportunity right now the chinese aren't coming i'm convinced the coronavirus is media hype it'll soon die down through i'm convinced it will all be over in a couple of weeks or so why would this leak and just a question of marketing then meaning that even if the coronavirus has led to a cooling of tourism relations the chinese love of switzerland won't be affected in the long term. and finally it's to argentina where the international monetary fund says the country's debt is not sustainable that conclusion comes at the end of a week long visit from an i.m.f. team thousands took to the streets in protest when the delegation arrived a $44000000000.00 bailout loan issued by the organization 2 years ago is deeply unpopular in argentina the new left wing government wants to renegotiate upwards of a $100000000000.00 in foreign debt as it struggles u

here chinese visitors in interlochen certainly means losses for retailers after all the swiss make 80 percent of their watch sales to the chinese but tourists or 30 manager or as kessler is taking a calm approach you see so every crisis there's also an opportunity right now the chinese are coming i'm convinced the coronavirus is media hype it'll soon die down through i'm convinced it will all be over in a couple of weeks or so why would you can just a question of marketing then meaning that even if the coronavirus has led to a cooling of tourism relations the chinese love of switzerland won't be affected in the long term. frankfurt is another hub for chinese tourists let's pull in our financial guy conrad said is this a blip for the global tourists or will it be something bigger you reckon. if this is a blip and it's got to be a costly one many people here in europe are not as cool about the risk as the swiss guy we just saw in this news report i found a number from italy the country reckons that this year it will have $5000000000.00 euros less income due to tourists not travelling to

hits tourist destinations around the world including the european alps the swiss resort town of interlochen is usually a hive of chinese activity. is a time to say goodbye to g.d.p. economists launch a new index based on economic environmental and social benefits to calculate our wellbeing. and blowing up a storm jordan's dancing barista to lure in new customers for coffee with us we know. let's do business the global tourist sector is counting the cost of covert $19.00 into law in switzerland is normally a magnet for chinese tourists and they're known as big spenders but the chinese who are turning up are more interested in buying masks than expensive swiss watch it's . straight to the top of europe the young for all your where everyone wants to go especially the chinese normally 10 percent of the tourists here come from the people's republic of china but beijing's group travel restrictions to contain the coronavirus epidemic have seemed to us numbers fall dramatically in interlochen residents can feel the difference. also got more space as residents normally the streets are full of chines

restrictions to contain the coronavirus epidemic have seemed to us numbers fall dramatically in interlochen residents can feel the difference. more space as residents normally the streets are full of chinese to.