Cheap Euro

20 June 2010 - The Euro has dropped considerably in recent months, and - with the strong Renminbi in hand - many mainland Chinese can suddenly afford themselves a trip to Europe. Its like a dream come true! The Euro has slid more than 16% since December 31 and it is expected to drop further. Travel agents in the mainland report that bookings for Europe have doubled and magazines promote trips from Bavaria to Barcelona. People argue that although prices of airline tickets have remained the same, hotels, meals and shopping on the continent are paid for in Euros and cost much less than before. Some people even take the opportunity to speed up their marriage plans, because the golden opportunity to have their honeymoon in romantic Paris or Tuscany may not last forever.

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