China's Fosun is seeking to expand into North America's tourism and leisure markets. The company has been looking for a partner in the United States since last year, when it announced plans to open its first U.S. theme park outside of China. He added that he didn't think trade tensions between China and the US would affect tourism demand. A move into the US is seen as complementing Fosun's Club Med unit.
China's Fosun is seeking to expand into North America's tourism and leisure markets. It's eyeing acquisitions of tourism-related companies from travel agencies and resort brands to recreational pursuits providers, senior vice president Qian Jiannong said. He added that he didn't think trade tensions between China and the US would affect tourism demand. A move into the US is seen as complementing Fosun's Club Med unit.