China's transformations, Thailand's opportunities | Bangkok Post: opinion - News Summed Up

China's transformations, Thailand's opportunities | Bangkok Post: opinion


In fact, China's movement regarding its expansion on economic and political bounds is a part of transformations that it is currently going through. In the new Chinese economy, the middle class and the elderly will become the two major groups of consumers that will capture a large portion of the economy. Although latest statistics indicate that Chinese tourists already account for a third of all foreign tourists visiting Thailand, Thailand can develop tourism services that accommodate new demands. For example, medical tourism in Thailand can serve the greater demand for medical services from the growing elderly population in China. They should use the influx of Chinese tourists to initially test products they want to export to China.


Source: Bangkok Post July 25, 2017 21:22 UTC



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