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TRADE WARS
China, LatAm leads gains in tourists to US
by Staff Writers
Washington (AFP) June 10, 2013


Tourists from China and Latin America swarmed to the United States last year, while fewer Europeans came, according to a government report released Monday.

A record 67.0 million international visitors clocked into the world's biggest economy in 2012, up by 4.3 million from the prior year, the US Commerce Department said.

It also was a record-breaking year for international travel and tourism spending, which surged 10 percent to $168.1 billion.

As usual, visitors from Canada and Mexico accounted for the lion's share of the total.

Aside from those, Japanese tourists accounted for the largest number of overseas tourists -- 3.7 million -- nearly 14 percent up from a year earlier.

But China had by far the strongest growth, up a whopping 35.3 percent at 1.5 million.

Latin American countries had the second-biggest gains, with Colombia, Argentina and Venezuela roughly up around 20.0 percent and Brazil almost 19 percent.

Recession-mired Europe was the only region among the top 20 countries of origin showing declines.

British visitors strongly outnumbered other European tourists at 3.8 million, but the number was down 1.9 percent.

Spain slumped 13.3 percent, followed by Italy (-6.8 percent), Ireland (-4.3 percent), France (-3.2 percent) and the Netherlands (-1.5 percent).

Visitors from Canada and Mexico flocked into their North American neighbor in record numbers.

Canadian tourists were up 6.4 percent to 22.7 million, followed by Mexico's 14.5 million, up 7.5 percent.

"Increasing international visitors helps grow our economy and create more jobs," said Francisco Sanchez, under secretary of Commerce for international trade, in a statement.

Sanchez said the banner results showed that President Barack Obama's strategy was working as the administration continued to focus its efforts "to make America more welcoming to visitors from all around the world."

The goal is to attract 100 million international visitors, and snare $250 billion in spending, annually by the end of 2021.

The Commerce Department forecast 4.0 percent annual growth through 2018. For 2013, 69.6 million foreign travelers are expected to visit the United States.

Spain was the only one of the top 40 visitor origin countries expected to show a decline during the next six years.

China was projected to lead growth, soaring a total 229 percent over the period, followed by Saudi Arabia (+191 percent), Russia (+79 percent) and Brazil (+66 percent).

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TRADE WARS
Berlin urges rapid solution to EU-China trade tension
Berlin (AFP) June 10, 2013
Germany called on Monday for a swift solution in tit-for-tat trade tensions between the European Union and China which, according to an unconfirmed press report, could lead to a Chinese tariff on some European car imports. Berlin has always "emphatically" called on the EU Commission and China to seek an "amicable" solution through negotiation in the trade dispute and hopes that will be achie ... read more


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