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.
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.
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Asean
China Sustains Huge Ecommerce Development Investment Flows into ASEAN
What Asia Investment Research showed us that there were China outbound investments into several ASEAN markets, led by Singapore, and followed by Indonesia, Malaysia, Thailand, and the Philippines. Collectively, these markets saw circa 30 investments n Q3, or about 15 percent of total Chinese outbound volume.
ASEAN Inbound Investments from China show strong trends in developing digital trade infrastructure.
(more…)Tourism
Chinese travellers name Thailand their ‘Recommended Travel Destination of the Year’
Thailand was the only outbound tourist destination receiving the award at the presentation ceremony in Shanghai. China is among the 63 approved countries and territories from where travellers can visit Thailand under quarantine-free entry requirements introduced on 1 November, 2021.
Thailand has won the ‘Recommended Travel Destination of the Year’ award at the 2021 City Travel Hotel Awards organised by the Chinese magazine City Travel.
(more…)
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