More Chinese Tourists Means More Money

By Jieying Ding

The U.S. government agreed to extend short-term business and tourist visas from one year to ten years to Chinese citizens, announced by Obama at the APEC Summit in Beijing last month. The underlying motivation is economic, according to the U.S. News. Statistics have shown that 1.8 million Chinese tourists visited the U.S. in 2013, generating $21.1 billion for the U.S. economy. The White House believes that the new rules will improve trade, investment and business ties by facilitating travel and offering easier access to both economies.