Vietnam is in, France is so not, as 200 million Chinese tourists prepare to hit the road by 2020

Chinese tourists are expected to make 200 million outbound trips in 2020, a 48 per cent increase from last year’s 135 million, led by Hong Kong, Thailand, South Korea and Japan as the most-visited destinations, according to a Thursday report by CLSA. Vietnam is poised to become more popular than its former colonial master France, after a series of terror attacks last year in Europe deterred Chinese travellers. The cosmetics, gaming, luxury and online sectors are likely to be the…