--FILE--Chinese tourists shop for bags at the Galeries Lafayette department store during the 2016 "Les Soldes" Summer Sales in Paris, France, 1 July 2016. The weaker yuan has slowed growth in China's outbound tourism, said analysts, with the yuan down more than 7 per cent against the US dollar since its one-off devaluation in August 2015. "The devaluation of the Chinese yuan has no doubt increased the cost of outbound tourism, " Sinolink Securities analyst Zhang Bin wrote in a report. "The weaker yuan will dampen the enthusiasm for outbound travelling and shopping among Chinese tourists." Data from the China National Tourism Administration (CNTA) shows that the growth rate of Chinese outbound visitors is slowing, up only 4.3 per cent year on year to 59 million in the first half of 2016, the slowest growth in the past six years and the first time it has fallen to single-digit levels in that period.
