I had the opportunity this week to speak at the London AIM Summit, where presenters and attendees were cautiously optimistic about the economy. My family and I also visited Oxford. I was surprised to see so many Chinese tourists in large groups, confirming a recent survey by Dragon Trail International that found that close to 27% of Chinese people listed Europe as a top travel destination. This is very good news for not just the travel industry but also the luxury industry, which has come to rely on wealthy shoppers from China. Since the country lifted pandemic-era restrictions at the beginning of last year, outbound ... (full story)