Shares of Philippine casinos, hotel operators, and airlines fell yesterday after Chinese travel agencies halted tours to the Philippines.
Many travel agencies in China announced they had suspended tours to the Philippines, under government orders amid a prolonged standoff between both countries in the disputed Scarborough Shoal.
“Avoid going out at all if possible, and if not, to avoid going out alone. If you come across any demonstrations, leave the area, do not stay to watch,” the embassy’s advisory said.
China is one of the fastest growing tourist market in the Philippines, which accounts for more than eight percent share of total arrivals. Of the 1.1 million tourists that visited the Philippines in the first three months of 2012, the 96,000 tourists are from China.
In 2011, China was the fourth-largest market for tourists to the Philippines, trailing behind South Korea, the United States, and Japan.
Presidential spokesman Ricky Carandang said in a mobile phone message that the decline in tourism stocks yesterday was a “knee-jerk reaction.”
CHINA STOP BULLYING!!! DO NOT MURDER!!!
Wherever you are in world, please spread this… Do not hate the Chinese people… We hate Hitler and his murdering of millions of people just to take what is not his. Now China is doing the same, planning to wage war and murder just to take their claim to what is not theirs.
Huwag na tayo magtapang-tapangan, alam naman natin na hindi mananalo ang Pilipinas kung armas sa armas ang labanan. Maging matalino tayo, gamitin natin ang ginamit ni Rizal para iharap sa mundo ang mga mananakop. Ayan ang internet, ipaabot natin sa buong mundo ang pagkagahaman ng China.
Do your part and post the banner in every website you visit.
CHINA STOP BULLYING!!! DO NOT MURDER!!!