China

Thailand – China rail project likely to break ground in 2016

If negotiations go on smoothly, construction will start at the end of this year or the beginning of the next, Prajin Juntong told Xinhua on the sidelines of the 13th China-ASEAN Expo in China’s southern city of Nanning.

Published

4 years ago

September 14, 2016

Zhong Li

Construction on a rail line between Bangkok and Nakhon Ratchasima in Thailand looks set to start this year, Thai Deputy Prime Minister Prajin Juntong said Sunday.

Upgrading the railway network

The upgrading of the railway network is of great significance to the Thai economy, and China has plenty of experience with high-speed railways, Prajin Juntong said.

Currently, Thailand and China are negotiating financing and other issues, he said.

According to Thai sources, the Bangkok-Nakhon Ratchasima railway will use Chinese trains and Chinese technology.

Thailand and China signed documents on the development of Thailand’s transportation infrastructure in 2014.

The China-Thailand railway project will improve regional connectivity and support regional economic and social development, Prajin Juntong said.

Source: China-Thailand rail project likely to break ground this year: Thai deputy PM – Xinhua | English.news.cn

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

1 month 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

3 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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