Published on : Tuesday, November 10, 2020
At present, many countries are experiencing huge problem as well as pressure of the Chinese tourist debt traps in the middle of the recovery effort after the lockdown of COVID-19.
“Economies dependent on tourism have long and tough road ahead, even more so for countries dependent heavily on Chinese tourists. The two of South Asia’s travel hotspots, Sri Lanka and Maldives, have more to provide to China than their scenic natural beauty,” The Singapore Post reported.
“The two island nations are struggling with the complete shutdown of international travel on account of the ongoing pandemic. Their economies being heavily dependent on tourism, the countries experienced enormous drops in GDP,” the news portal reported.
Examining the case of Sri Lanka first, a country with huge misery in monetary and defaulted debts to China, had taken steps on time to alleviate the dangers in economy of “zero-dollar” tourism and other unlawful Chinese businesses in tourism, The Singapore Post reported. Almost 100,000 Chinese tourists every year visit Sri Lanka according to its Tourism Ministry, even though the arrival has not translated into income generation for tourism, reports the news portal.
The experts use the term “nil revenue” ruse for “zero-dollar tours”, in which unlicensed, unregistered and unofficial tour guides from China lead the Chinese tourists disguised as local small agents, oftentimes having links with these unofficial tour operators from China.
Tags: Chinese tourist