The China Daily:
Chinese tourists were shifting away from shopping to experiences. Museums, palaces, and pubs were all becoming major tourist destinations.
The Plough purchase is not SinoFortone's first investment in the UK. Last October, it announced it would invest 2 billion pounds in two eco-parks, in north and southwest Wales. "So, this pub purchase is consistent with that focus," said Jeffrey Towson, a professor who teaches investment at Peking University. He added that this particular investment also has symbolic meaning.
The fact that Xi had visited the Plough was important to Chinese tourists, but it was also important to a prominent Chinese-owned company such as SinoFortone, he said.More in the China Daily.
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