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Warning from Pattaya hotel industry boss of a Chinese takeover, loss of income to the economy


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Pattaya will become Sihanoukville -a horrid Chinese hotbed of illegal activity, owned and run by them. Thailand will have to accept that it is at the same lowly level as Cambodia. 

The carpet baggers have arrived. 

I agree, and it has nothing to do with casinos, at this stage.   The Chinese will bring in their own staff, their own hookers, and have their own illegal gambling rooms.  This is on top of t

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2 hours ago, DirtyHarry55 said:

Might be related topic below.

From what I've heard China's been buying up a lot of land in company name as well.

Won't be long before Asean becomes China-ASEAN.

 

A natural development geographically . Inevitable considering the growth of the country financially over the past 40 years . 

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2 hours ago, DirtyHarry55 said:

Might be related topic below.

From what I've heard China's been buying up a lot of land in company name as well.

Won't be long before Asean becomes China-ASEAN.

 

Only foreigners who own a BOI approved company can buy land (100% ownership)

 

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3 hours ago, nausea said:

The Chinese can't own land, right? In fact, wasn't that why the ban on owning land was introduced in the first place, with us Farangs being collateral damage, so to speak.

They have ways around that. Many luxury houses near us have been bought up by a Chinese gang,. They came around here the other day taking photos of all the houses and asked us if our house was for sale. They have Thais to manage the houses which are then rented out to Chinese people. 

 

Yes, the company buys the properties. The website of the company mentions that they have a private jet, private helicopters and yachts and luxury cars (Rolls Royce, Porche etc.). Yes, it's all true. I happen to know someone who works for them and that person posts photos of the private jet and other houses on Facebook. 

 

When they start to buy the hotels we will see an invasion of Chinese tourists

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4 hours ago, webfact said:

A leading hotel and tourism industry leader in Pattaya has warned the government that many property owners are on the verge of selling out to foreign investors, particularly in China, as prospects for a recovery of foreign tourism are again receding. Mr Phisut Sae-khu of the Thai Hotels Association said such an outcome would mean a permanent, ongoing and irrecoverable loss to the wider Thai economy going forward.

I guess a little veiled scare tactic might get them somewhere.

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11 hours ago, nausea said:

The Chinese can't own land, right? In fact, wasn't that why the ban on owning land was introduced in the first place, with us Farangs being collateral damage, so to speak.

Where there's a will there's a Wong ..............................and likely a Wang not far behind

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12 hours ago, webfact said:

achieving herd immunity as defined by the Thai government.

I‘m not sure whether this is the right institution to define herd immunity.

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This is why China has not yet, gone out to invade another country with its military. China just buys 

  many assets of another country, and basically owns that other country indirectly.

   Pretty clever.  I am impressed with the Chinese military, and the fact that their spqce industry 

is very advanced as well. China will have its own version of a space station soon, as it likes its

own control, and not some other country.  A bit scary, but this is the world we live in. After all the Taliban has

taken over Afghanistan again.  Just more to think about.  Good Luck Thailand.

Geezer

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