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China's senior tourists could be a silver lining for travel firms

As China's population rapidly ages, and many in the middle-class face job uncertainty and a slowing economy, silver tourism is on the rise, with more retirees, especially in affluent coastal cities, venturing out at home and abroad. Many elders have accumulated significant savings during four decades of eye-watering economic growth, and they are younger than other travelling retirees as they leave the workforce as soon as 50 for women and 60 for men.