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BANGKOK 17 July 2019 02:04
Jonathan Fairfield

Why the Chinese are infinitely more important than Western tourists to Thailand

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Posted (edited)
1 hour ago, Isaanbiker said:

A questionable example IMO. Business language is and will be English and it will never be Chinese anywhere in the world. Which might explain why millions of Chinese are currently studying English, usually online. 

Interesting you say this given your TV moniker. Here's Investment Biker Jim Rogers (link)

"Back in 2007, Rogers decided to move from the US to Singapore so that his daughters would grow up speaking Mandarin, which he sees as being the most important language of their lifetime."

 

Edited by Bang Bang

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On 4/24/2019 at 2:54 AM, NotYourBusiness said:

Another humbling graphic (only 20 years away):

 

54c2c4aa-c0fb-4303-8edb-8d6d744ed2b9.jpg

This year is 2019, and your Chinese nominal GDP data is already over stated by 100% - $28 trillion (your chart) v. $14.2 trillion (IMF data).

 

So I'm going to go out on a limb and say the rest of your chart is crap as well.

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A nightmare holiday. I'd rather chop off my hand with a dull butter knife than be stressed out going from one fleecing point to another non-stop.

The Japanese used to be well known for that. With very limited time they had for a vacation you saw them jumping off a bus take their pictures and videos quickly and jump back on the bus all day long.
Or as a Japanese friend of mine told my jokingly years ago - “ we don’t see the sights while we are on vacation - we have no time for that -we see them later at home in slide shows and in videos”


Sent from my iPhone using Thailand Forum - Thaivisa mobile app

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Nobody uses credit cards in China,
 
That is soooo 1990's.
 
You haven't even heard of Alipay or WeChat pay have you? Pre-sanctioned money, sweetheart, already cleared by the bank. Look for the blue or green signs with a QR code on them at the paypoint. Even 7/11 and Family Mart have them. This is the 21st century.

Alipay, WeChat - That’s for the poor people - the rich Chinese avoid it like the plaque - because every transaction can - and very likely -is being traced by the Chinese government.

Every repressive government in the world is trying to push their citizens towards a cashless society for total control over your finances!


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Well, if they all looked like that photo I would welcome them. Is that false advertising? 55555

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On 4/24/2019 at 8:15 PM, darksidedog said:

More does not necessarily mean better of course. Not many businesses outside of those who cater purely to the Chinese will see much benefit mind.

And has been proven in Sihanoukville, when the Chinese move in, everyone else moves out.

The Chinese tour company will see more money.

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14 hours ago, BuckBee said:

They avoid taxes, sell goods imported illegally and move their money illegally .

What thailand gains from these businesses is a lot less than it should be .

Ratchada has several support centres purely for the chinese coaches turn up at after hustling them around esplanade and the railway market like a gabble of geese.

Many of the dedicated chinese tour support businesses etc don't even see baht from the chinese tourists as it all paid in cny as package deal back at the origin . You only got look at the black market import wholesale in Sua Bah to see how expert the chinese are at running illegal business in thailand .

and you mean it is only Chinese and all Chinese that are working in this alleged manner or is it a more widely spread practice and maybe not all Chinese ?  
Also, you are stating that "it all paid in cny as package deal back at the origin" and that therefore no Thai Baht is paid to inbound tour operators in Thailand.
I Say ! 

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3 minutes ago, KKr said:

and you mean it is only Chinese and all Chinese that are working in this alleged manner or is it a more widely spread practice and maybe not all Chinese ?  
Also, you are stating that "it all paid in cny as package deal back at the origin" and that therefore no Thai Baht is paid to inbound tour operators in Thailand.
I Say ! 

And the inbound operators are owned by?

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11 hours ago, Isaanbiker said:

A questionable example IMO. Business language is and will be English and it will never be Chinese anywhere in the world. Which might explain why millions of Chinese are currently studying English, usually online. 

So far, yes.
But English only became the major language a few years ago when the French Empire lost its glory ( and therefore French is still the second language in the Diplomatic world ).
With the growing influence of the Chinese economy, this may change.
The only reason that could prevent this is the current education system and the simplicity ( at first sight ) of the English language, especially when compared to most of the Asian languages. 

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On ‎4‎/‎24‎/‎2019 at 9:54 PM, NotYourBusiness said:

Another humbling graphic (only 20 years away):

 

54c2c4aa-c0fb-4303-8edb-8d6d744ed2b9.jpg

Assuming much, ain't you?

loads of things could have happened by then to change everything on the entire planet, and that's more likely than not.

 

The hordes are destroying everything they touch. Maya Bay had to be closed and that beach in the Phillipines.

Thailand has to choose between the destroying hordes and sustainable tourism. I doubt they can have both.

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Assuming much, ain't you?
loads of things could have happened by then to change everything on the entire planet, and that's more likely than not.
 
The hordes are destroying everything they touch. Maya Bay had to be closed and that beach in the Phillipines.
Thailand has to choose between the destroying hordes and sustainable tourism. I doubt they can have both.
Besides sustainable tourism they have other options too, which all together would work great and make thailand a balanced country that doesn't depend on anyone.



Open up the goddamn market and give singapore a run for its money. There are tons of entrepreneurs who would like to open a company here but can't.
Tax laws are already sane and much better than in europe. The market size in terms of population numbers is bigger than France, uk, spain and co. And not far away from Germany.

Fintech startups would work great here if only the gov wasn't what it is. It's also a super central location for Asia comparable to Frankfurt in germany.

Thais aren't stupid, there education system just sucks but yet they make it impossible for foreign schools to run a business/compete here.

Look at the medicine sector, it's really good with tons of specialists. This could be the case in other sectors too...

LoS the land of missed opportunities due to greed and xenophobia.

Sent from my LYA-L29 using Tapatalk

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7 minutes ago, ThomasThBKK said:

LoS the land of missed opportunities due to greed and xenophobia.

and that ain't gonna change anytime soon.

LOS, land of lost opportunities.

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On 4/25/2019 at 3:56 AM, Thaidream said:

 

While it is true that an exodus of Westerners will not have a huge impact on the overall Thai  balance of payments- the exodus if it actually occurs will be felt in such places  with large concentration of Westerners such as Chang Mai; Phuket; Pattaya; Bangkok and Udorn.  These type of long stay foreigners will NOT be replaced by long stay Chinese who tend to return home after a few weeks.

 

 

Pop down to CM immigration and ask the officials which country is applying for over 50% of long stay and retirement visa's. Its Chinese. I asked when doing my extension just 2 months ago. My local coffee shop is often occupied by middle class chinese kids having private tuition in English by a young english speaking teacher. Credit to them, their English at age 10 is much much better than your average Thai Uni grad. I know Koreans who bring their kids to Thailand for an international school education. I would guess the chinese are now following. The East Asians put a high value on a good education.

 

 

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11 hours ago, Peterbilt said:

Well, a chinese style surveillance is still not existing where I live. But I have to admit that this may be one of the "wet dreams" of european governments. Of course all for democracy to fight back international terrorism.....
But at the moment China is #1 when it comes to surveillance. (But Thailand is trying very hard to catch up...... )

How is China's surveillance No1 when it comes to expats?

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