Trade war could impact tourism in Las Vegas
A looming trade war with China may threaten visitation from one of the fastest-growing tourist markets. Chinese tourists traveled overseas 131 million times in 2017, a 7 percent increase from the previous year, according to the China National Tourism Administration. With trade tensions escalating between China and the U.S., some believe tourism numbers in Las Vegas could take a hit. Gary Hufbauer, a senior fellow at the Peterson Institute for International Economics, a Washington, D.C.-based think tank, said a trade war’s biggest impact on Nevada would be a decline in wealthy Chinese travelers looking to gamble, an illegal activity in their home country. Gary Hufbauer