China's Business Travel Spending Growth is Slowing But Still Significant
Skift Take
China is already the world's largest business travel market and getting even larger, though most of that travel takes place within the country. We're interested to see how the global industry adapts when more of those business trips are international.
Business travel is booming in China — but the boom is slowing down a bit.
According to a forecast out this week from the Global Business Travel Association's education and research arm, business travel spending in China is expected to grow 9.2 percent this year to nearly $318 billion.
Next year, spending is forecast to increase by 8.4 percent to reach $344.6 billio
