On Tour in the U.S.With China’s New Rich

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On Tour in the U.S.With China’s New Rich

Category: Research Essay

Subcategory: Classic English Literature

Level: High School

Pages: 1

Words: 275

Farra, Lara. “On Tour in the U.S.With China’s New Rich.” 11 Apr. 2011
The article stipulates that the number of Chinese visiting outside countries is on the rise despite the difficulty in acquiring U.S visa and restrictions on living extravagant life by Chinese authority. The number of Chinese travelling to U.S has increased by 3 million compared to previous years; this is a reflection of $6 billion spent more on overseas trips compared to 2010. The number of Chinese tourists visiting Japan and South Korea has been marred by natural catastrophes thus resulting to growing number of Chinese visiting Europe and U.S. According to Lara, Chinese are attracted to U.S cities; Los Angeles, Las Vegas and New York due to diverse and presumed original products in their markets.
Chinese go as a group of millionaires or billionaires most of them known not to have gone through higher education but are top notch investors in China. One of them Mr. Yan Jiehe is known for his flamboyant lifestyle and spending on shopping and trips overseas. Mr. Yan Jiehe is always accompanied by a group of other wealthy men and women who go in and out of malls and outlets in U.S cities shopping for expensive vitamins and herbals, suits worth more than $200, jewelry, coach bags, Norelco razors; women clothes from Prada, Gucci and Chloe; men clothes from Ermenegildo Zegna and Giorgio Armani. Chinese tourists don’t fear spending on things they deem valuable to themselves though according to the article the exact amount spent is never disclosed.
The author suggests that Chinese wealthy persons are marked by the type of watch they wear some worth $40, 000 and $50, 000. Those with expensive watches are the most successful and so each one of them yearns for a distinct and good watch. Despite not knowing to speak or read English, they presume every product in U.S market is original and will not spare a chance of buying anything they lack though they have them in their domestic market. Their lack of knowledge in English has contributed to exploitation from stores and outlets which sell the same products made in China to them.