Joanna Lam

Joanna Lam

Reporter, Business

Joanna is a contributor to Inkstone. She covers consumer markets, companies and properties for the South China Morning Post.

Location
Hong Kong
Language spoken
English, Cantonese
Areas of Expertise
Consumer markets, companies, properties
Chinese tourists are ditching spending for selfies
Forget doing it for the ’gram. A growing number of Chinese tourists are doing it for the ’chat – specifically WeChat, the ubiquitous app that functions as WhatsApp, Facebook and Apple Pay combined. In the past, Chinese tourists had a reputation for their voracious appetite for luxury goods. But increasingly, more are choosing unique “social experiences” over shopping malls and boutiques, a new study by management consultancy Oliver Wyman has found. Chinese people spent $258 billion in 2017 on overseas travel – the most of any nation, according to the World Tourism Organization. That means any change in how Chinese travelers spend money has a significant impact on the global tourism industry.
Chinese tourists are ditching spending for selfies
Canada Goose delays China opening
Luxury down jacket maker Canada Goose has postponed the opening of its first store in China. The company told the South China Morning Post that the Beijing shop, originally set to open Saturday, is still under construction. But this explanation flies in the face of what everyone is thinking.  The delay comes after Canada’s arrest of a Chinese executive has escalated into a fully-fledged diplomatic crisis that has prompted strong protests from China. Beijing has threatened Ottawa with “grave consequences” if the executive, Huawei chief financial officer Meng Wanzhou, is not freed. And the Chinese authorities have been accused of political retaliation by arresting two Canadians in China, Mich
Canada Goose delays China opening