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BANGKOK 27 June 2019 19:47
Jonathan Fairfield

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

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14 hours ago, Bang Bang said:

The smart move is to accept that it will be China's world soon that the rest of us will be living in. And prepare accordingly.

 

A few phrases like

How are you? Yes, master. No, master. As you desire.

in Mandarin should be good.

 

But, seriously, I walk by King Power on Soi Rangam, which is Chinese tourists ground 0, every day and some of their women are majorly bangable. Prying them loose from their tour group is another matter but that's where language skills would help.

You're not trying very hard! Many of these Chinese ladies are definitely looking for a Western guy!

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13 hours ago, Bang Bang said:

You are not serious are you?

 

10 million 7-day $150/day tourists vs. a couple of hundred thousand English teachers/pensioners their butt bones clanging as they run to catch the bus to their next assignment or the IMO?

Yes, very serious. Each arrival counts as one. Be it a package tourist from China here for a weekend and staying in a tawdry Chinese hotel out in the middle of nowhere, a Russian oligarch here for a month and staying in his 100MB Phuket mansion, or a British retiree who lives in Buriram or props up Soi Buakow bar counter all the time, or even an independently wealthy person like me who lives in a nice but modest Jomtien condo. We all count as just one arrival. This is why arrival figures are completely meaningless as I pointed out. Arrival figures only tell you how busy the airports are.

 

The only figures that mean anything at all are the total spend figures and the ones that show what the money is spent on (these last don't even exist). I know that I spend far more here than any Chinese package tourist does, no matter how much designer tat they buy.

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12 hours ago, JAG said:

As an aside, I have never seen so much garish sweaty polyester!

Business opportunity there, for sure 🙂

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I sat in a seat near the VAT Refund counter at Chiang Mai airport for about an hour and EVERY customer was Chinese.

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9 hours ago, Traubert said:

There are three names for the Chinese currency.

 

RMB - Ren Min Bi - The peoples money

 

CNY - Chinese Yuan - the way they trade on the currency market.

 

Kuai Tian -  bit money - the street name for the yuan. 

 

There is no such thing as the CNH. Incredibly, some <deleted> on twitter has made it up. 😀

https://www.quora.com/What-is-the-difference-between-CNY-and-CNH-currencies

 

China’s national currency can be confusing. It is officially called the renminbi, or RMB (which is pinyin of the Chinese 人民币–“the people’s money”). The currency’s unit of account is called the Chinese yuan. And to complicate the matters even more, there are two kinds of Chinese yuan: offshore (CNH) and onshore (CNY).

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14 hours ago, otherstuff1957 said:

I've done some work for companies that cooperate with TAT and saw and interesting TAT report a couple of years ago. 

 

The Chinese do spend, on average, about 20% or more than Europeans/Americans/Aussies.  However, a breakdown of where they spend their money was very interesting.  It is traditional for Chinese tourists to return to China with expensive gifts for their friends and relatives.  This is a 'face' thing so they are often willing to spend a big chunk of their total expenditures on these gifts. 

 

So, what do they buy?  They go to the high-end stores on Suk and buy brand-name stuff.

 

Unlike Western tourists, they don't usually patronize small, local shops, smaller guesthouses or local restaurants.  Consequently, even though they spend more money, much, if not most of their money goes to foreign companies and their wealthy Thai partners.  A relatively small portion of their spending goes directly to local merchants and local SME businesses. 

 

The tourists that benefit Thai SMEs the most are actually the much-maligned backpackers!

This is common sense which our host lack. It is logic that the money the Chinese spend is being held in the hand of a few (rich) groups, while the money the average Farang spend would be spread throughout the communities. Guess what this TAT prefer.   

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10 hours ago, Benroon said:

What ? Is there a polling company respect index somewhere ? I've never heard of them !

Stats in this article provided by ATTA (Association of Thai Travel Agents). Opinions supplied by Jing Travel.

 

I think that I'll stick to my own opinions/stats.

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11 hours ago, Liverpudlian said:

I dont give a <deleted> dam, WHY ? cos i just bought my 1 way ticked back to my birth place LIVERPOOL !

Never mind, you may even get used to it.

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6 minutes ago, glennb6 said:

so the average chinese tourists spends $200us a day, say it's a 2 week vaca that's $2800us. That's it for the year or probably many years until the chinese tourist maybe decide to come visit again.

 

Now we have the comparison to retirees (many western) who spend roughly 31,000b a month/372,000b a year ($12,000us a year), and I'm guessing that this is on the lower end of the scale. That is $12,000us annually and is probably going to be spent until the retiree dies, for let's say 20-30yrs? Oh, and the required admittance fee is 800,000b ($25,800us) parked forever in a thai bank.

 

Does Thai logic says that a one-off $2800us is better than $12,000us + admission fee.... sounds like there's an alternative agenda being written about, certainly not the truth anyways.

Well the thing is tho...look at the turnover which is important. Think of Thailand as a restaurant...would the restaurant prefer to have the couple have a meal and then nurse their drink for the rest of the night over chit chat....or keep turning that table over every half hour to new customers who consume their meal and drink quickly, get out, rinse and repeat.

 

Right now there is no lack of Chinese to keep coming to Thailand. Again if you compare the farang in the above example with your estimate of $12,000 per year as the restaurant table involving chit chat as the farang yearly , and the Chinese table representing $2,800 every two week table turnover...there are 26 2 week periods in the year, resulting in the Chinese table bringing in $72,800 to the "restaurant". $12,000 annual table vs. $72,800 annual table.

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14 hours ago, Justgrazing said:
14 hours ago, Justgrazing said:

Yea but how much of that went on fixing up sick Buffalo ..

Exactly! I've been here 25+ years and have spent a hell of a lot more than a Chinese tourist who comes here for a couple of weeks a year. My money spent here has gone DIRECTLY into the Thai economy/people/extended Thai family. Obviously the Thai govt doesn't see the amount of money westerners who live here full time pump into the economy.

 

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I find these stats very hard to believe.

Average Chinese spends $192 a day ??

On what ??

Oceania Europe + USA spend the least ??

Africa 3rd on the spend list ??

 

  • Haha 1

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