Thailand tipped in trade war test

By GARY KLEIMAN 

 

Two years after a constitutional referendum passed to set the stage for 2019 elections returning Thailand to civilian rule, and amid calculations that the US-China trade war will only fractionally hurt growth, Thailand’s stock market enjoyed political and economic momentum for an essentially flat performance on the MSCI Index through July compared with Asia’s overall 5% decline.

 

According to official estimates, the loss of machinery, plastics and vehicle exports in the first tariff waves of the Sino-US clash will be readily offset by new Chinese investment into Thailand’s US$30 billion high-tech Eastern Economic Corridor in particular, as rice and rubber shipments may also increase.

 

Gross domestic product rose almost 5% the first quarter, and the central bank and International Monetary Fund predict growth toward that figure for the year on a 10% tourism jump through June and state infrastructure spending.

 

Full story: http://www.atimes.com/thailand-tipped-in-trade-war-test/

 

-- ASIA TIMES 2018-2018-08-08

2 hours ago, webfact said:

Two years after a constitutional referendum passed to set the stage for 2019 elections returning Thailand to civilian rule

I'm guessing this guy has been a journalist for almost ten minutes?

 

Thailand set to be another Chinese satellite.  All eggs in one basket simply because China promotes corruption 

15 hours ago, Redline said:

Thailand set to be another Chinese satellite.  All eggs in one basket simply because China promotes corruption 

The Chinese call it non interference, but after the election in Malaysia, their rail and pipeline contracts were halted.    Thais should look south for a better future than what they have to look forward to  now. 

On 8/8/2018 at 6:38 PM, Redline said:

Thailand set to be another Chinese satellite.  All eggs in one basket simply because China promotes corruption 

 

Here are a few more satellites being setup in the pacific. There is a www of corruption and it will make rich government official even richer.  They are selling out their countries to China. 

https://www.theage.com.au/world/asia/china-s-trillion-dollar-project-changing

 

3 hours ago, pokerface1 said:

 

Here are a few more satellites being setup in the pacific. There is a www of corruption and it will make rich government official even richer.  They are selling out their countries to China. 

https://www.theage.com.au/world/asia/china-s-trillion-dollar-project-changing

 

I just read a good article about the China strategy.  So, Pakistan may need an IMF bailout because they owe money to China.  The USA says they won’t pay Chinese loans.  They call the Chinese strategy “credit imperialism “.  Sri Lanka has already given up a port built with loans from China that could not be paid