FILE PHOTO: Chinese tourists watch a traditional Thai dance at Erawan shrine, a popular spiritual landmark in Bangkok, on Jan 27, 2020. (AFP)
An upswing in tourism from China’s reopening will help boost Thailand’s economy, but isn’t sufficient to restore growth to pre-pandemic levels just yet, according to analysts.
The country’s gross domestic product will probably expand 3.7% this year, according to the median estimate in a recent Bloomberg survey of economists. While that will make it the fastest expansion in five years, it’s still a long way off from the 4.2% growth seen in 2017 and 2018.
That’s because economists expect Chinese tourist arrivals to be about half of as much as 10 million that the government…
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