7 May 2016

Chinese billionaire pays £5.5 million for 2,500 workers to take a mass holiday in Spain

Staff at a Chinese mail order firm are enjoying a holiday in Spain at the expense of their boss, Li Jinyuan, the billionaire owner of direct-sales firm Tiens Group
 The treat for 2,500 workers cost him £5.5 million as he chartered 20 planes and four high speed trains, as well as booking 1,500 hotel rooms.

During their trip, which included visits to Madrid and Barcelona, workers were also able to take in a “bloodless” bullfight as well as being treated to a flamenco display, the Guardian reported.

It is not even the biggest mass holiday China’s 33rd richest person has booked for his staff. Last year he sent more than 6,400 workers on a trip to France in what was believed to be the country’s largest ever tour group.
That entailed booking 140 hotels in Paris and over 4,700 rooms in Cannes and Monaco.
Even that pales into insignificance compared with the holiday given to 12,700 workers at Infinitus China, who were sent to Thailand and feasted at a number of banquets at Pattaya, a seaside town.

The mass holidays are further evidence of the growing power of the Chinese economy, even though there are signs that it has been slowing down.

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