UPDATE: my wife has clarified that the Chinese fellow speaks about the 10-year visa requirement
I'm no expert on retirement visas, but the 10-year arrangement seems foolish in terms of unnecessary currency exposure
So, now this Chinese fellow apparently clarified himself that *he isn't speaking of the 1-year retirement visa*
[This Chinese fellow, a Mainlander, seems quite annoying to me. I'm no sinophobe at all, I really enjoy the Chinese cultures in Southeast Asia, but he's a member of the PRC which is certainly quite different]