Employees work on a production line during an organised media tour to a Schneider Electric factory in Beijing. (Photo: Reuters)
When China announced the country’s surprise reopening in January, every business sector in Thailand responded enthusiastically to the news, particularly the tourism industry, which earned more than 530 billion baht from Chinese visitors in 2019.
Since then, the feeble recovery of the mainland’s economy caused middle-income earners to face salary cuts, leading them to consider saving money instead of spending it on travel.
The Tourism Authority of Thailand (TAT) estimated 4 million Chinese…
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