Chinese tourists, whose voracious shopping for everything from milk powder to rice cookers and toilet seat covers have disrupted supplies all over the world and made substantial boosts to economies, are shifting gears. They're increasingly travelling for the experience, not for shopping.
Shopping dropped to third place as the motivation for China's 122 million outbound tourists last year, behind sightseeing, recreation and entertainment, according to a survey of 2,000 respondents by Oliver Wyman.
In 2015, shopping was the second-highest motivation, the report said.
Chinese travellers are spending less, and budgeting less on overseas shopping, as the advent of online shopping on platforms like Alibaba Group Holdings' Tmall Marketplace have brought Macy's to China.
The waning of the popular practice of daigou, or contract buying, is killing the long queues outside Hermes' Paris flagship store, or for electric toilet seat covers in Tokyo's Akihabara district.