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"China was the only country covered by the research to increase business travel spending in 2009, with growth at 8.5 percent. With an estimated compound annual growth rate for business travel spending accelerating to 16 percent during the next four years, researchers expect the country by 2015 to surpass the United States as the world's largest business travel market.

Just in the wholesale trade sector, China's business travel spending gains through 2014 "will be larger than the United States, Spain, South Korea, Italy, France, Canada, Brazil, Germany and Japan combined."

Most other Chinese industries are expected to show double-digit CAGR for business travel spending in that time, including the construction and utilities sectors, as "large funds will be poured into infrastructure" to handle the country's economic expansion."

In another article on the same report:

"China, the only nation that grew business travel last year (8.5%), and other Asian markets currently add business travel spending at about four times the rate of the United States. In fact, China is expected to grow by double digits in 2010 and add nearly $130 billion in new business travel spend by 2014, surpassing the U.S. market in size by as early as 2015."

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