China
- Tourism News
Thai tourists favour China and Japan over South Korea
A marked decline in the number of Thai tourists travelling to South Korea has been observed over the past seven months, with many opting instead for trips to China and Japan. The Korea Tourism Organisation (KTO) reported that 20,150 Thais visited South Korea in June, a significant drop from the 25,023 recorded during the same period last year. This downward…
- Thailand News
Thailand, China boost trade alliance amid investment opportunities
Thailand and China have engaged in discussions to enhance trade cooperation, focusing on expanding the market for Thai livestock products and fruits in China, while also welcoming Chinese investment in emerging industries within Thailand’s Eastern Economic Corridor (EEC). Deputy Commerce Minister Suchart Chomklin, appointed by Commerce Minister Phumtham Wechayachai, participated in the third meeting of the Sub-Committee on Trade and…
- Thailand News
China supports Thailand in combating dubious businesses
Chinese Ambassador Han Zhiqiang reaffirmed Beijing’s commitment to supporting Thailand in cracking down on dubious Chinese businesses, while also aiming to enhance bilateral trade and relations. Han made these comments during a seminar held on Tuesday, July 23, to commemorate the 49th anniversary of diplomatic ties between China and Thailand. A recent incident involving a Chinese-language billboard in Bangkok’s Huai…
- Thailand News
Thai AirAsia expands routes to India amid slow China recovery
Thai AirAsia is set to expand its network by launching new routes to India and Southeast Asia in the second half of the year, aiming to compensate for the slow recovery of flights to China. The sluggish Chinese economy and increased competition from domestic travel have significantly impacted this recovery. Tansita Akrarittipirom, head of commercial at Thai AirAsia, revealed that…
- Automotive
The top auto industry leaders gathered in Pattaya for the SMM automotive conference
The ASEAN Automotive Supply Chain Conference, organised by Shanghai Metal Market, was held at the Hilton Pattaya, Thailand, from June 18 to 19, 2024. The forum, themed Dual Circulation for Global Development, spotlighted the significant transition within China’s automobile industry, focusing on the shift from internal combustion engines to new energy vehicles and the global expansion of its industry chain…
- Thailand News
Foreign minister: China’s banking giant to boost tech investment
Thailand’s Minister of Foreign Affairs Maris Sangiampongsa met with Ge Haijiao, Chairman of the Bank of China, on Wednesday, July 10, during his official visit to China. The meeting, held to bolster Thai-Chinese economic ties, saw the presence of Pongsarun Assawachaisophon, Deputy Secretary-General to the prime minister. In a strategic pitch, Maris extended an invitation to the Bank of China to…
- Thailand News
GMM strikes a chord with Tencent, plans IPO crescendo
Thailand’s largest music company, GMM Music, is gearing up for an initial public offering (IPO) as early as this year, thanks to a significant equity investment from China’s Tencent Holdings. GMM Music’s Chief Marketing Officer Fahmai Damrongchaitham revealed in a candid interview with Bloomberg Television that the company is aiming for an IPO as soon as possible, depending on the…
- Environment News
China leads renewable energy efforts with wind and solar power
China is leading the global surge in renewable energy construction, with nearly two-thirds of the world’s large-scale wind and solar projects currently being built within its borders, as indicated by a recent report from Global Energy Monitor (GEM). China is constructing 339 gigawatts (GW) of utility-scale wind and solar power, representing 64% of the global total, according to the US-based…
- Business News
Thailand-China flights surge 213% after visa exemption deal
Flights between Thailand and China have surged to 55,000 in the past eight months, following the signing of a mutual visa exemption agreement, according to the Ministry of Transport. Deputy Transport Minister Surapong Piyachote reported that the 55,433 flights from October last year to May marked a 213% increase compared to the same period the previous year. He projected that…
- Thailand News
Foreign Affairs Minister Maris to visit China for pivotal talks
Foreign Affairs Minister Maris Sangiampongsa is set to visit China next week at the invitation of Chinese Foreign Minister Wang Yi. The visit, scheduled from Monday, July 8 to Wednesday, July 10, will see Maris and Wang co-chair the second Thailand-China Foreign Affairs Ministerial Meeting, aiming to strengthen cooperation and support between the two nations. Nikorndej Balankura, a spokesperson for…
- Business News
US economy thrives in 2024, China faces challenges
The US economy has been robust throughout 2024, buoyed by strong consumer spending, fiscal stimulus, and a thriving labour market. In contrast, Europe and Asia, particularly China, have faced economic challenges, with China’s real estate market issues impacting its overall economic performance. However, there are optimistic signs for the remainder of 2024 and into 2025. China’s leadership is beginning to…
- Thailand News
Thailand’s durian diplomacy: Cracking the chinese market wide open
Thailand is going all out to secure its crown in the lucrative Chinese durian market. The government has rolled out a series of innovative strategies, including high-tech farming enhancements and stringent quality controls, to ensure Thailand remains the top durian supplier to China. Prime Minister’s Office spokesman Chai Wacharonke announced at a press conference that Thailand has significantly bolstered its…
- Thailand News
LGBTQ+ community migrating Bangkok for freedom & fun’s sake
A Chinese real estate agent revealed the LGBTQ+ community is flocking to Bangkok to escape persecution and seek a new life that offers them more freedom. In 2019, 40 year old Owen Zhu’s real estate career was flourishing, with Chinese investors eagerly buying Bangkok properties, but the pandemic struck, halting travel and spending. Although Chinese buyers were slow to return, one…
- Thailand News
Thailand strikes new submarine deal with China
Thailand and China finally wrapped up negotiations on the Royal Thai Navy’s (RTN) much-anticipated purchase of a Chinese-made S26T Yuan-class submarine. RTN Commander-in-Chief Admiral Adoong Pan-iam announced today that the agreement is now awaiting the final nod from the Thai Cabinet. “If approved, we will promptly amend the deal with the Chinese manufacturer.” Admiral Adoong expects the submarine to be…
- Thailand News
Thailand and China forge stronger ties ahead of anniversary
In a high-profile meeting at the Ministry of Foreign Affairs, Maris Sangiampongsa, Minister of Foreign Affairs, representing the Thai prime minister, engaged in crucial talks with Shohrat Zakir, Vice Chairman of the Standing Committee of the National People’s Congress of China. The discussions focused on reinforcing the robust relationship between Thailand and China as the two nations approach the 50th…
- Thailand News
Thailand seeks BRICS membership for global influence
Thailand set its sights on joining the intergovernmental organisation BRICS, which is expanding beyond its original membership of Brazil, Russia, India, China, and South Africa. The Thai Cabinet approved a draft of the official letter indicating Thailand’s intention to join the group, according to government spokesperson Chai Wacharonke. Egypt, Ethiopia, Iran, and the United Arab Emirates became official members of…
- Thailand News
Thai minister reveals groundbreaking health initiative with China
Thailand’s Minister of Higher Education, Science, Research, and Innovation unveiled a pioneering research programme in collaboration with China’s leading genome research powerhouse, BGI. This initiative, aimed at transforming healthcare in Thailand, promises to elevate the quality of life for locals while slashing healthcare costs tied to late-stage diseases. The ambitious project, spearheaded by Thailand’s National Center for Genetic Engineering and Biotechnology…
- Business News
Tipco Asphalt profits plummet 99% due to delays
Tipco Asphalt Plc (Tasco), listed on the Stock Exchange of Thailand (SET), faced a challenging first quarter with reduced earnings and profits due to delays in state budget spending and low global asphalt prices. Despite this, the company remains optimistic about returning to normal growth levels within the year. The company reported a significant revenue drop of 37%, falling to…
- China News
Flushed frustration: Sacked employee in bathroom break battle
A Chinese company employee, dismissed for excessively long bathroom breaks during work hours, sued his employer for compensation but faced counter-evidence. The employee, from Nantong in Jiangsu province, demanded 200,000 yuan (approximately 1 million baht) for what he claimed was an illegal termination. As an employee at an electrical circuit company since June 2015, Liu has been responsible for inspecting…
- Thailand News
Navigating new depths: RTN seals deal for Chinese submarine
The Royal Thai Navy (RTN) confirmed its decision to proceed with the purchase of a 13.5-billion-baht submarine from China, following successful negotiations earlier this week. This announcement came from an RTN source. General Somsak Rungsita, adviser to Defence Minister Sutin Klungsang and chairman of the Defence Ministry panel dealing with the submarine issue, held discussions with a Chinese delegation led…
- Thailand News
Thailand and China to continue submarine purchase negotiations
Negotiations are set to resume next Wednesday between Thailand and China, as they seek to resolve the protracted issue surrounding a submarine purchase agreement. A 13-person delegation from China, encompassing military officials and representatives of the S26T Yuan-class submarine manufacturers, is due to meet their Thai counterparts. The submarine was part of a procurement deal agreed upon by the Royal…
- Business News
Travel growth expected in Asia-Pacific despite cooling demands
Online travel agent Booking.com expects the Asia-Pacific region to see growth in bookings as we start to see stability in the global market. The company’s Managing Director for Asia-Pacific, Laura Houldsworth, said the company anticipated the growth might not be as fast as it has been because it’s starting to stabilize at a very high level. Asia was up mid-teens…
- Business News
Thailand’s steel industry threatened by surge in Chinese imports
The EAF Long Product Steel Producers Association raised concerns about the future of Thailand’s steel industry as local manufacturers face potential closure. This comes as a result of a surge in steel imports from China, which has resulted in a reduction of capacity utilisation to a mere 28% between January and February. The association’s president Chaichalerm Bunyanuwat urged for immediate…
- Politics News
Bangkok Council signs MOU with Kunming City Council to enhance cooperation in various fields
Wirat Meenchainunt, Chairman of the Bangkok Metropolitan Council, Chayada Vipattipumiprates, The First Vice-Chairman of the Bangkok Metropolitan Council, along with members of the Bangkok Council and relevant government officials paid a courtesy call on the Chairman of the Kunming City People’s Council and attended the signing ceremony of the revised Memorandum of Understanding on Strengthening Cooperation and Friendly Relations (MOU)…
- Business News
Thai commerce minister to boost fruit exports to China via Laos
An evaluation of the Boten and Mohan checkpoints’ capacity to facilitate Thai fruit exports to China is on the agenda for Commerce Minister Phumtham Wechayachai. This is part of a strategy to ease the exportation process of Thai fruit during the 2024 harvest season, with shipments expected to commence at the end of April. The ministry’s spokesperson, Wittayakorn Maneenetr, reported that…
- Thailand News
Myanmar junta’s secret deal with China
Myanmar’s junta is stirring up a storm yet again, as their home minister jets off to China for clandestine security discussions with Beijing’s top brass. Myanmar’s Lieutenant-General Yar Pyae slipped under the radar, embarking on a covert voyage to China for what’s touted as a working visit with China’s Minister for Public Security, Wang Xiaohong. The rendezvous, scheduled from April…
- Thailand News
Transport minister sets off for China for high-speed rail talks
Transport Minister Suriya Jungrungreangkit will jet off to China next month for a meeting to discuss Thailand’s ambitious high-speed railway project and ignite the engines on the Land Bridge megaproject, worth a staggering 1 trillion baht. Suriya declared yesterday his forthcoming leadership at the 31st Thailand-China joint ministerial committee meeting scheduled for May 7 to 9. Topics on the agender…
- Thailand News
Couple returns cash hidden in chair to elderly owner in China
A Chinese couple’s remarkable discovery of a substantial sum of money hidden inside a second-hand chair has captured widespread attention on social media. Opting to do the right thing, they returned the find to its rightful owner rather than keep it for themselves. The unexpected turn of events unfolded as the wife made her way home from work, spotting the…
- Thailand News
Thai-Chinese high-speed railway agreements near completion
The State Railway of Thailand (SRT) anticipates the closure of the final chapters in the Thai-Chinese high-speed railway’s first phase, reveals Deputy Transport Minister Surapong Piyachote. Spanning 251 kilometres and boasting a staggering budget of 179.4 billion baht, the ambitious project links the bustling heart of Bangkok to the vibrant cityscape of Nakhon Ratchasima. Divided into 14 meticulously crafted contracts,…
- Thailand News
Phuket officials explore technology collaboration on Chengdu visit
Phuket officials recently concluded a three-day visit to Chengdu, in China, focusing on potential collaborative ventures in trade, investment, and tourism. One of the key discussions centred on the application of unmanned aerial vehicles, commonly known as drones, to tackle various challenges in Phuket, including traffic management and tourist assistance. The delegation, led by the President of the Phuket Chamber…
