Chinese investment in foreign real estate hit a record high of US$33 billion last year, up 53 per cent on 2015, according to global realtor JLL. The US was the most popular destination followed by Hong Kong, Malaysia and Australia.
Amazing Thailand, a land where a criminal who fled a two-year jail sentence and many serious legal cases pending be allowed to use the legal system to sue people living here from his hideout in the preferred safe haven for economic crooks, Dubai, which never extradites wealthy crooks.
If the situation remains unchanged, free trade around the world could face a crisis. Relevant countries must solidify their unity to stop the rise of protectionism with the United States at its epicenter.
If they want to stop Uber, representatives of the metered-taxi service in Thailand must get together with authorities to solve the long-standing problem of cabbies who only accept fares when it suits them.