China
Thailand, China Set $100Bn Target for trade in 2015
Thailand, China Set $100Bn Target for trade in 2015. China is currently one of Thailand’s major trading partners. Thai-Chinese trade amounted to 64.7 billion US dollars in 2011.

Thailand and China have agreed to further boost economic ties during a high-level visit by Chinese Premier Wen Jiaboa to Bangkok.
Analysts say the visit, following soon after that of U.S. President Barack Obama, highlights increased interest in Southeast Asia’s positive economic outlook.

China is one of Thailand’s major trading partners. Thai-Chinese trade amounted to 64.7 billion US dollars in 2011.
Talks between Wen and Thai Prime Minister Yingluck Shinawatra on Wednesday were intended to build on a major trading agreement between China and Thailand, announced in April this year.
Under the pact set out for five years, the governments agree to ambitious targets to expand trade and investment, as well as tourism, aiming to raise bilateral trade up to 15 percent a year.
via Thailand, China Set Aggressive Targets to Increase Trade.
During the visit, several important documents involving relations between the two countries had been signed. Among them are the Agreement on Educational Cooperation, the second five-year Joint Action Plan on Thailand-China Strategic Cooperation for 2012-2016, the Memorandum of Understanding MOU on Agricultural Trade Cooperation, and a five-year development plan for 2012-2016 under the Agreement on Expanding and Deepening Bilateral Economic and Trade Cooperation.
China is one of Thailand’s major trading partners. Thai-Chinese trade amounted to 64.7 billion US dollars in 2011.
Both countries are seeking ways to achieve the bilateral trade target of 100 billion dollars by 2015. Chinese tourists visiting Thailand in 2012 are likely to reach two million, against 1.7 million recorded in 2011. Bangkok, Pattaya, and Kanchanaburi have been listed as popular tourist destinations among Chinese visitors to Thailand.
China
RCEP and China: Reimagining the future of trade in Asia
The Regional Comprehensive Economic Partnership (RCEP) could eventually usher in an era of much deeper regional integration: for corporates doing business in the region, their future success may well hinge on how adeptly they manage to navigate the evolution of Asia’s trade landscape under the RCEP.

Last month, 15 countries in the Asia-Pacific region – including the 10 member states of the Association of Southeast Asian Nations (ASEAN) as well as China, Australia, Japan, New Zealand, and South Korea – signed the landmark Regional Comprehensive Economic Partnership (RCEP) on the final day of the 37th ASEAN Summit.
(more…)China
Thailand ready to ink big Chinese-backed trade deal
The RCEP will cover all 10 Asean member states plus five partners: China, Australia, Japan, New Zealand, and South Korea and will take effect from the middle of 2021 if at least six Asean members and three partners agree to its terms.

Thailand is set to sign the world’s biggest free trade agreement with Japan, China, South Korea and 12 other Asia-Pacific countries at the 37th Asean Summit this week.
(more…)Business
Great Wall Motor (China) takes over GM factory in Thailand
The Thai production hub will become operational in the first quarter of 2021 with automobile production capacity of 80,000 units per annum.

Chinese carmaker Great Wall Motor (GWM) hosted a ceremony on November 2nd to celebrate the latest milestone in taking full ownership of Rayong Manufacturing Facility in Thailand.
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