NEWSWATCH: “Russia Welcomes Growing Wave of ‘Red Tourists’ From China. Nostalgia for Communist past as well as capitalist bargain-hunting draw more Chinese visitors.” – Wall Street Journal

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Russia’s relations with the West have deteriorated amid the conflicts in Ukraine and Syria and its economy has been battered by punitive sanctions and low oil prices. But the country is welcoming record numbers of Chinese visitors, who are taking advantage of a weak ruble, visa-free group travel, and the opportunity to retrace Communist history. … More than 1.1 million Chinese tourists are expected to visit Russia this year, about 16% more than 2015, according to figures from market-research firm Euromonitor released in June. That puts Russia at No. 16 on the list of top destinations for Chinese tourists …. As many as half of last year’s visitors are estimated to have traveled to the European part of Russia ….

Click here for Wall Street Journal: “Russia Welcomes Growing Wave of ‘Red Tourists’ From China. Nostalgia for Communist past as well as capitalist bargain-hunting draw more Chinese visitors.”