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Have yuan, will travel far and wide

By Alfred Romann in Hong Kong | China Daily | Updated: 2013-10-14 06:32

Affluence and favorable exchange rate mean fast expanding tourism

The rising value of the yuan has had a curious side effect: It is often cheaper for Chinese tourists to travel to exotic foreign destinations than it is to travel to China's popular resorts.

A Beijing resident looking for an island break, for example, may find it more economical to go to Sri Lanka than to Hainan.

Have yuan, will travel far and wide

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