The Phaserl


This is truly a wide-open multi-billion dollar opportunity

from Sovereign Man:

When I landed at Addis Ababa airport in Ethiopia again last month, the first thing that struck me was how much everything was… Chinese. Far and away, most of the passengers at the airport arriving from various destinations were Chinese. Many of the signs were in Chinese. There were even some Mandarin-speaking hotel operators standing by to assist travelers. Granted, Chinese investment plays a very dominant role in Africa, and those countries are adapting. But more importantly, it’s a sign of the times. China’s growing influence cannot be ignored. The country is coming to dominate international finance. Geopolitics. Oil. Consumer items. And now travel.

Years back I remember the first time I came across the stereotypical busload of Chinese tourists. It was in Paris, and I was somewhere near the obelisk, when a bus pulled up and out popped a Chinese tour guide leading the charge with a flag and loud speaker, and closely followed by a stream of very conspicuous tourists.

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