Friday, September 6, 2013

Shanghai Deregulates Border Control

Sees 95% increase in visitors.
According to figures provided by the border inspection departments at the city's Hongqiao and Pudong airports, the number of passengers benefiting from the policy has continued to rise since the beginning of this year, when tourists from countries including the United States, Japan, France and Australia were permitted a 72-hour visa-free stay if they hold third-country visas and plane tickets.
The plan to let people visit for three days visa-free is having good effect, but not quite as hoped.  The Chinese crackdown on Party Hotel and banquet extravagance has smacked occupancy rate and banquet biz, but this is helping.  It once cost $200 for me to get into China for a few days, now that is over.  Since many Chinese have a tough time getting into Hong Kong, me getting into China cheaper will help China.

You see the pattern in China?  Everytime they sense an economic challenge, they deregulate something.  They are beating us with our own tools. USA needs to match this deregulation, or have a kind of Hong Kong with no state or federal control.

Feel free to forward this by email to three of your friends.


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