Even with the Beijing Olympics, the number of foreign tourists traveling to China dropped by 1.9% in the first 10 months of 2008.
That surprises me, but the Chinese National Tourism Association thinks it will get even worse next year.
“Foreign visitor arrivals are sure to decline next year as a result of the global economic slowdown , so we must focusour efforts on stimulating domestic demand.”
That may put pressure on travel-related companies in China.
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so what is the explaination of the HUGE drop in CEO Cnooc Oil and Nat Gas? Its dropped about 20% is this a dip? You holding or did folks SELL?