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| Questions:
148. Trip to China hurt by currency devaluation? |
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Answer:
Sinoway Travel takes the risk of currency devaluation. After you have paid the deposit in USD or Euro, we will arrange your trip; start to book everything in advance for you. We will ask you to arrange the balance of this booking 30 days before your trip to China starts. Usually it is 3-6 months later than your first payment of deposit. Eventually, Sinoway Travel will pay all the cost for your trip, to our suppliers in China in Chinese currency. Suppliers include hotels, airlines, cruise companies, coaches, etc. At that time, any loss of currency devaluation will be shown to us. It will be impossible for us to tell our customer. They have paid the full amount of their trip already. We are facing high risk of currency devaluation of US dollors and Euro. |
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