Investors are recommended to gradually buy and accumulate travel stocks as the permanent visa-free arrangement between Thailand and China could drive the number of Chinese visitors to rise by 57% this year, with total foreign arrivals reaching 33 million, according to analysts.
Effective from March 1, visas are not required for citizens of Thailand and China visiting the two countries.
The reciprocal visa-free scheme, announced by Prime Minister Srettha Thavisin on Tuesday, comes after Thailand in September waived visas…