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Industry minister offers Thai haven for China’s trade war victims


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Industry minister offers Thai haven for China’s trade war victims

By The Nation

 

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Suriya

 

Industry Minister Suriya Juangroongruangkit on Monday issued what he called urgent policy on four aspects of his ministerial duties.

 

Suriya said he would encourage Chinese companies affected by the US-China trade war to invest more in Thailand, and conduct a roadshow soon in China and Japan as part of that effort.

 

The Board of Investment, meanwhile, would be asked to readjust its investment conditions on a case-by-case basis to make them more attractive to individual investors.

 

All megaprojects including the planned extension of Suvarnabhumi Airport would be encouraged to use domestic raw materials for construction where possible.

 

Under the fourth aspect of policy, those launching SME businesses would be funded by low-interest loans guaranteed by the ministry.

 

Source: https://www.nationthailand.com/business/30373420

 

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-- © Copyright The Nation Thailand 2019-07-23
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2 hours ago, webfact said:

Suriya said he would encourage Chinese companies affected by the US-China trade war to invest more in Thailand, and conduct a roadshow soon in China and Japan as part of that effort.

Obviously no one has informed him that there are very few trade war victims left in China.

They have already set up business in Vietnam and other neighbouring countries.

Thailand has been asleep while all this has been going on and only now have just woken up and realised what they have missed out. 

Bit late for roadshows now other than to enjoy the seafood buffets and 5 star hotels and perhaps give Prawit's VIP jet a run around the block. 

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If Trump saw such an "end run" being successful, he would merely impose tariffs on imports from Thailand. Anyway, by the time the Chinese could set up to manufacture in Thailand, Trump may be out of office, or the trade war may have already been settled (as Trump is bound to give in .... and brand it a "win").

 

The Chinese are patient. They will just wait it out.

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3 hours ago, neeray said:

If Trump saw such an "end run" being successful, he would merely impose tariffs on imports from Thailand. Anyway, by the time the Chinese could set up to manufacture in Thailand, Trump may be out of office, or the trade war may have already been settled (as Trump is bound to give in .... and brand it a "win").

 

The Chinese are patient. They will just wait it out.

Did you perchance see what is happening in Europe, where more and more things are getting difficult for the Chinese uneven handed trade.

And that is already going on for quite some time.

Did you also see they Chinese "belt & road" ideas are getting frantic?

Did you also see the Chinese government is pushing internal consumption due to the loss of export?

You think the Chinese government is patiënt?

Really

They are getting a little nervous because they see the tide is turning and cannot stop it.

Hence the frantic search for bases everywhere, the speed of building railways, the stupid building of Islands, the troubles in HK, the troubling replacing of Han Chinese to Tibet and the muslim parts.

It certainly isn't going well with China.

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6 hours ago, webfact said:

Suriya said he would encourage Chinese companies affected by the US-China trade war to invest more in Thailand

Offering the devil a place at the table might bite you back later in life...

take a look at Sihanoukville Cambodia, China has taken over the place with it's infrastructure and Chinese people moving in, now it's also got rights to the airport as well as the port, moving in by stealth.

When China own a huge slice of your economy the power shifts from the government to China !

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4 hours ago, neeray said:

If Trump saw such an "end run" being successful, he would merely impose tariffs on imports from Thailand. Anyway, by the time the Chinese could set up to manufacture in Thailand, Trump may be out of office, or the trade war may have already been settled (as Trump is bound to give in .... and brand it a "win").

 

The Chinese are patient. They will just wait it out.

If the Chinese think that Trumps hard-line policies will be dropped if someone else's is elected US President, they are making a miscalculation. 

 

The Chinese threat is one of the only things both major US political parties agree on. 

 

All Americans want the economy to do well and it's convenient to have such a prominent foreign aggressor in China. Almost nobody likes the Chinese anywhere in the world for their industrial scale deceit. 

 

The World v. China will be ongoing for decades. 

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Does this guy really think that the US is not already watching for this kind of activity in support of the Chinese.

Offer to dodge the sanctions against China at your peril Thailand, as you will face your own sanctions by the US for your stupidity.

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22 hours ago, hansnl said:

Did you perchance see what is happening in Europe, where more and more things are getting difficult for the Chinese uneven handed trade.

And that is already going on for quite some time.

Did you also see they Chinese "belt & road" ideas are getting frantic?

Did you also see the Chinese government is pushing internal consumption due to the loss of export?

You think the Chinese government is patiënt?

Really

They are getting a little nervous because they see the tide is turning and cannot stop it.

Hence the frantic search for bases everywhere, the speed of building railways, the stupid building of Islands, the troubles in HK, the troubling replacing of Han Chinese to Tibet and the muslim parts.

It certainly isn't going well with China.

For a country that thinks they own the moon these are just bumps in the road.

 

Colonize, dominate, and subjugate are still the plan. It is their destiny and they embrace it.

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