State government has voiced concerns over the gradually receding tourist market of China that had boomed two years back.
The state budget for 2018 had shed light into the matter relating it as a financial setback and had stated that while China was a significant contributor in healing the economical situation of Maldives post "Global Finance Crisis" but the tourist visit rate from the country had declined considerably for the last two years and is expected to slip down further next year.
According to Finance Ministry the biggest predicament for Maldives is the economic dependability on one major income source which is easily affected with global tension and economical recessions.
On the other hand the European market had shown promising increase in visitors so far this year, which was also highlighted in the upcoming year's budget document. Europe had a total of 449,833 visitors so far in 2017 while the visitor count of the same market had been at 407,160 during the same period.
China, however had 236,728 visits this year while the same period of last year recorded 259,679 visits. This is an 8.8% slip in the market.
