China

Thailand-China trade forecast at US$100 billion in 2015

Trade and investment between Thailand and China will reach US$100 billion in 2015, a sharp increase from US$69.7 billion last year, according to the Thai ambassador to Beijing.

Published

8 years ago

March 18, 2013

Zhong Li

Trade and investment between Thailand and China will reach US$100 billion in 2015, a sharp increase from US$69.7 billion last year, according to the Thai ambassador to Beijing.

Wiboon Kusakul said a vast country like China is an ideal market for Thailand’s trade and investment, while newly elected president Xi Jinping has announced his support for boosting international trade. Thailand’s investment in China is currently more than US$6 billion.

China Thailand Flags in Shangai – The reshaping of the Asian economy around the rise of China

Chinese ambassador to Bangkok Guan Mu said the new president’s policies will contribute to development in China. He added that the United States’ increasing interest in Southeast Asia will be beneficial to the region as a whole. MCOT online news

via Thailand-China trade forecast at US$100 billion in next 3 years | MCOT.net.

China might overtake Japan as Thailand’s biggest trading partner within three years, fuelled by Chinese investments in the Southeast Asian country, according to Srirat Rastapana, director general of international trade promotion at Thailand’s Ministry of Commerce.

Japan was Thailand’s biggest trading partner last year, with US$73.06 billion in trade. China was second at US$63.86 billion and the United States third at US$35.69 billion, according to official Thai data.

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.

Published

2 weeks ago

December 16, 2020

Headline Editor

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.

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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.

Published

2 months ago

November 13, 2020

Olivier Languepin

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.

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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.

Published

2 months ago

November 4, 2020

Zhong Li

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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