Biden admin to China: Hands off our tech but we’ll take your tourists

“Chinese “visitors” — a broad term that encompasses both tourists and longer-term students — were at the forefront of a boom in international travel to the United States in the decade before the coronavirus pandemic hit. They spent a record $34 billion in the United States in 2018 and another $33 billion the following year.
That fell sharply as both governments clamped down on travel during the pandemic. Chinese spending in the United States plummeted to about $11.4 billion by 2021, nearly all by Chinese students at American colleges and universities. It rebounded slightly to around $14 billion last year, with education still accounting for most of the expenditures.”

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