Prayut to attend Belt and Road summit in Bejing next week

[cmsally]

21 hours ago, steven100 said:

Thailand will benefit a great deal from these bilateral talks with Khun Prayut Chan O Cha.

It can only strengthen the relationship between the two countries and continue to bring in more Chinese CNY into Thailand. The China-Thai high speed rail project being one example.

"Bringing in Chinese Yuan" would be a bit simplistic. Here are the privileges for EEC (Eastern Economic Corridor) investors which is the project most closely aligned to the Belt and Road.

Investment Benefits on EEC

 

One could say, and rightly so, what is in it for the average Thai?

[transam]

6 minutes ago, Darkside Gray said:

And in what capacity will he be representing Thailand?

 

[observer90210]

So will this mean we could buy all sorts of goodies from AliExpress and receive the parcels with no issues or harassment from the Thai Post or the Thai Customs ?????

[Traubert]

3 hours ago, cmsally said:

 many see it as "debt trap diplomacy".

 

What is China's Belt Road initiative

 

Warning sounded over China's debtbook diplomacy

A phrase coined by western economies who have neither the wealth, nous, initiative or expertise to bring such a bold deal home. How America, with it's trillion dollar debt, can bitch about other countries accepting partnership investment from the fastest growing economy in the world is staggering.

[transam]

3 minutes ago, Traubert said:

A phrase coined by western economies who have neither the wealth, nous, initiative or expertise to bring such a bold deal home. How America, with it's trillion dollar debt, can bitch about other countries accepting partnership investment from the fastest growing economy in the world is staggering.

But the West could take back what made the Chinese economy grow....The West gave China it's manufacturing industries because the price was right but their own folks jobs were lost...Could all change, who knows...????

 

The West fought tooth and nail with cash and lives to thwart Communism, but here they are dealing with a country that has backed those who want to be Communists.....????

[Traubert]

11 minutes ago, transam said:

But the West could take back what made the Chinese economy grow....The West gave China it's manufacturing industries because the price was right but their own folks jobs were lost...Could all change, who knows...????

 

The West fought tooth and nail with cash and lives to thwart Communism, but here they are dealing with a country that has backed those who want to be Communists.....????

They could try but they've lost the expertise and infrastructure needed. How long to get Detroit making cars again for instance?

 

China is notionally Communist in that it's a one party state but no-one is doing capitalism as well as the Chinese have over the last 30 years.  Maybe all that cash and those lives were lost because the west could see what was coming?

[cmsally]

3 hours ago, Traubert said:

They could try but they've lost the expertise and infrastructure needed. How long to get Detroit making cars again for instance?

 

China is notionally Communist in that it's a one party state but no-one is doing capitalism as well as the Chinese have over the last 30 years.  Maybe all that cash and those lives were lost because the west could see what was coming?

I don't agree that in theory you can still call China a communist country.

Seeing as a synopsis of communism "is current order of society stems from its economic system, capitalism; that in this system there are two major social classes; that conflict between these two classes is the root of all problems in society; and that this situation will ultimately be resolved through a social revolution. The two classes are the working class—who must work to survive and who make up the majority within society—and the capitalist class—a minority who derives profit from employing the working class through private ownership of the means of production.

 

You can't "do capitalism" and still remain communist. However you can become capitalist and retain the communist structure and systems of power as a means of controlling most aspects of the economy, infrastructure and society.

[Prissana Pescud]

On 4/18/2019 at 5:38 PM, steven100 said:

Thailand will benefit a great deal from these bilateral talks with Khun Prayut Chan O Cha.

It can only strengthen the relationship between the two countries and continue to bring in more Chinese CNY into Thailand. The China-Thai high speed rail project being one example.

You need to look at the body language. Mr prayut knows his place. And Mr Xi knows who is the boss.

The new silk road is an exciting project. It is something that US could never conceive without a few carrier groups.

And there appears to be no oil so that excludes US. US appears to be stuck in a backward rut.

[yellowboat]

12 hours ago, Eric Loh said:

Amazing he can do all that while in caretaker mode and parliament not in session. Remember a time there was an uproar when the elected government agreed on the Chea Vichea temple as world heritage site without parliament approval. 

You mean martial law mode.  A44 was instituted so tourists could by insurance.

[josephbloggs]

17 minutes ago, yellowboat said:

A44 was instituted so tourists could by insurance.

Er.....what?

[Traubert]

4 hours ago, cmsally said:

I don't agree that in theory you can still call China a communist country.

Seeing as a synopsis of communism "is current order of society stems from its economic system, capitalism; that in this system there are two major social classes; that conflict between these two classes is the root of all problems in society; and that this situation will ultimately be resolved through a social revolution. The two classes are the working class—who must work to survive and who make up the majority within society—and the capitalist class—a minority who derives profit from employing the working class through private ownership of the means of production.

 

You can't "do capitalism" and still remain communist. However you can become capitalist and retain the communist structure and systems of power as a means of controlling most aspects of the economy, infrastructure and society.

A great synopsis, much respect.

 

It would encapsulate the burgeoning middle class in China, and the rural dwellers who have been brought in to the cities by the million over the years who relocate their earned wealth into the countryside.  It would also include the farming collectives, the only land owner apart from the Government, who are doing very, very well by developing their previously sustenance farmland into lucrative building. There are various steps on the ladder but everyone is on one of them.

 

But each and every one is still accountable to the central and local authorities. It still doesn't pay to be a tall poppy.

[cmsally]

Communism , now a pretty much defunct ideological doctrine but still used by China to rationalize their grip on power.

They seem to be using economic development to legitimise the existence of the party structure. At some time in the near future the domestic gravy train will slow down , therefore its only choice is to push for international development and opportunities. I guess it depends which side you are on , as to whether you regard the "Party structure" as a dynamo or a parasite.

 

Paranoia of Soviet Union collapse

[champers]

Now who was it who recently said that Thais shouldn't go abroad and come back with fancy Communist ideas?

Thailand and UK ruling parties have much in common. They can't abide socialism and communism, but can't get enough of China's money into the country. Ditto the right leaning Italian government.

[ICELANDMAN]

13 hours ago, cmsally said:

I don't agree that in theory you can still call China a communist country.

Seeing as a synopsis of communism "is current order of society stems from its economic system, capitalism; that in this system there are two major social classes; that conflict between these two classes is the root of all problems in society; and that this situation will ultimately be resolved through a social revolution. The two classes are the working class—who must work to survive and who make up the majority within society—and the capitalist class—a minority who derives profit from employing the working class through private ownership of the means of production.

 

You can't "do capitalism" and still remain communist. However you can become capitalist and retain the communist structure and systems of power as a means of controlling most aspects of the economy, infrastructure and society.

Better to define dictatorship, I see in the picture only two dictator brothers

[ChrisY1]

China (WTO) still claims "Developing Nation" status.....giving massive incentives and concessions...!

[Lancelot01]

On 4/18/2019 at 6:14 PM, Mavideol said:

does it means HE was elected PM.... what about the other parties who got more seats, do they have the right to go also or this is one way street....,  me, myself and I

I wondered in what capacity he was attending.

[pornprong]

Thais hate Chinese tourists.

Thais love western culture and technology.

The closer the junta gets to "Uncle Xi" the more trouble they are creating for themselves at home.

It is very hard to see how this doesn't end in bloodshed.

What will be different this time around is that after the inevitable massacre of civilians, those giving the orders will face justice.

[zydeco]

22 minutes ago, pornprong said:

Thais hate Chinese tourists.

Thais love western culture and technology.

The closer the junta gets to "Uncle Xi" the more trouble they are creating for themselves at home.

It is very hard to see how this doesn't end in bloodshed.

What will be different this time around is that after the inevitable massacre of civilians, those giving the orders will face justice.

The Chinese will do to Thailand what they did to Laos. They just move in. Around 400,000 Chinese have moved into Laos and are treating it like their own country now. Which, I guess, it is.

[Traubert]

10 hours ago, cmsally said:

Communism , now a pretty much defunct ideological doctrine but still used by China to rationalize their grip on power.

They seem to be using economic development to legitimise the existence of the party structure. At some time in the near future the domestic gravy train will slow down , therefore its only choice is to push for international development and opportunities. I guess it depends which side you are on , as to whether you regard the "Party structure" as a dynamo or a parasite.

 

Paranoia of Soviet Union collapse

It's certainly one way that they legitimize themselves yes, but not the only way. The west holds the view that the populace are controlled by the Government whereas in reality the Party is very much 'allowed' to Govern by popular consent. Measures to suppress unrest are loudly reported in the western press but actions to preserve the well being of the citizens rarely are. There are roughly 25,000 public protests in China every month and those that escalate and attract provincial or national attention are visited not on the protestors but the local authorities who have failed to quell them.

.

It's also a popular view that the Chinese economy will falter or burn out but that was addressed back in 2013 when Li Keqiang replaced Wen Jia Bao as PM, and gave the 'new normal' speech. It's all still very much under control. Western standards don't apply to Chinese methodology and that's why the economists always get it wrong.

[cmsally]

An interesting article

 

Chinese communist party in private business

 

An interesting look at the symbiotic relationship between the Communist Party and large private businesses in China. In many aspects not that dissimilar to Thailand!

[Traubert]

40 minutes ago, cmsally said:

An interesting article

 

Chinese communist party in private business

 

An interesting look at the symbiotic relationship between the Communist Party and large private businesses in China. In many aspects not that dissimilar to Thailand!

Not dissimilar to many countries I would say.

[jimmyyy]

When thailand cant pay the debt what will china take all the ports the railway?  So i guess china will own thailand now. 

[Traubert]

3 minutes ago, jimmyyy said:

When thailand cant pay the debt what will china take all the ports the railway?  So i guess china will own thailand now. 

China writes off the majority of the debt if the project fails. Most don't fail.

 

I'm guessing you have only heard about the airport and dockyard in Sri Lanka. That was more to do with a change of Government and the lack of will to see the project through by the incoming administration under pressure from the Indian Government. Look up the Addis-Djibouti railway instead.

[Robiewest]

I fear for my Siam. Knowing how China's economy 2nd in the world behind the US, is a house of cards and refusing to give up its label as a developing country. I hate China, you should too.

[Selatan]

3 hours ago, Robiewest said:

I fear for my Siam. Knowing how China's economy 2nd in the world behind the US, is a house of cards and refusing to give up its label as a developing country. I hate China, you should too.

Your Siam? Are you a native Thai? Here, listen to what my PM had to say about China:

 

If you are a native Thai, better learn to detect Western anti-China propaganda.

 

Developing country status is not something that you can simply give up. To be considered a developed country, the GDP per capita must be over $12,000 per year. China's GDP per capita is around $9,000.

[Selatan]

Whoever forms the next government in Bangkok would be stupid not to join the Belt Road Initiative when the "most hated enemy" to the West have made deals with both China and Japan: 

 

 

As a Malaysian businessman, I wouldn't be reading the Thaivisa forum if Thailand is not going to be part of the Belt and Road project.

[Robiewest]

Not propaganda, this is a fact you can search on your own. You may have China and it's nationalist ways. I will stand by Western allies as the better safe bet. I would hope that Siam and others will do the same.

[Robiewest]

15 hours ago, zydeco said:

The Chinese will do to Thailand what they did to Laos. They just move in. Around 400,000 Chinese have moved into Laos and are treating it like their own country now. Which, I guess, it is.

Good lord, I hope the chin don't do what you mentioned. I couldn't stand having Siam invaded by a dirt country.

[Eric Loh]

6 hours ago, Selatan said:

Your Siam? Are you a native Thai? Here, listen to what my PM had to say about China:

 

If you are a native Thai, better learn to detect Western anti-China propaganda.

 

Developing country status is not something that you can simply give up. To be considered a developed country, the GDP per capita must be over $12,000 per year. China's GDP per capita is around $9,000.

Your PM is elected and he therefore speak for the people and will be accountable in the next election. This junta PM is not elected and therefore do not represent the feelings of the people and unaccountable to his policies. Non of his policies were discussed and debated in Parliament. You need to understand the underlying sentiments of the people and judged fairly. 

[Robiewest]

How to respond? Your feelings are personal. I could care less of what china does with other asian countries. My worry is Siam being invested in a country that dictates there $$. China is a very unstable society, I find my western colleagues very worried at what a financially proped up society as China will do to a world economy when it partially collapses.