Thailand Sees $4 Billion From China Tourism After Visa Waivers

(Bloomberg) — Thailand expects to attract 2.9 million arrivals and billions of dollars in revenue from a Chinese tourism boom as a result of a new five-month holiday period visa exemption program, part of a bid to help strengthen the nation’s wobbly economic recovery.

The Southeast Asian nation has already seen a strong response after temporarily waiving visas for Chinese mainland visitors from Sept. 25 through next February: More than 22,000 Chinese travelers entered Thailand in the program’s first two days, government spokesman Chai Wacharonke said Sunday on an official Facebook page. Thailand expects 140.3 billion baht ($3.8 billion) in tourism revenue from the program, Chai said.