President Xi stresses economic cooperation with Thailand

[webfact]

President Xi stresses economic cooperation with Thailand

 

Chinese President Xi Jinping applauds during a conference to commemorate the 40th anniversary of China’s Reform and Opening Up policy at the Great Hall of the People in Beijing, Tuesday.

 

Chinese President Xi Jinping on Tuesday stressed deepening economic and trade cooperation with Thailand and Singapore while continuing to jointly fight the pandemic with the two countries.

 

CGTN of China reported that Xi made the remarks in his separate talks on the phone with Singapore’s Prime Minister Lee Hsien Loong and Thailand’s Prime Minister Prayut Chan-o-cha.

 

Xi told the two leaders that China wants to share its experiences in fighting COVID-19 and enhance cooperation in R&D of drugs and vaccines as guided by the principle of “a community of shared destiny.”

 

Full story: https://www.thaipbsworld.com/president-xi-stresses-economic-cooperation-with-thailand/

 

 

-- © Copyright Thai PBS 2020-07-15

 

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[Justgrazing]

1 hour ago, webfact said:

Xi told the two leaders that China wants to share its experiences in fighting COVID-19 and enhance cooperation in R&D of drugs and vaccines as guided by the principle of “a community of shared destiny.”

That's very jolly decent of him .. especially considering it originated from China in the first place .. 

Shared destiny eh .. Read : they'll be strapped upto China a whole lot more by the time this is over .. 

[RichardColeman]

Probably clapping the decision to launch a forthcoming cyber attack on the UK for Huawei getting the boot 

[englishoak]

Big china calls little china

[AndrewMciver]

China will bailout Thailand. 

 

Might as well call it United States of China

[Brunolem]

1 hour ago, RichardColeman said:

Probably clapping the decision to launch a forthcoming cyber attack on the UK for Huawei getting the boot 

No need for that, China will simply stop importing porridge, a move that will crush what is left of the UK's economy!

 

Edited July 14, 2020 by Brunolem

[Brunolem]

3 hours ago, webfact said:

enhance cooperation in R&D of drugs and vaccines

Read "steal the vaccine against covid 19 successfully developed by Thailand"

[Matzzon]

42 minutes ago, AndrewMciver said:

China will bailout Thailand.

Bailout Thailand from what? Seen to the positive numbers compared to the negatives. Thailand has a very strong foundation in world economy.

Not saying I am positive to China, but we must deliver true information.

Edited July 14, 2020 by Matzzon

[Trillian]

15 minutes ago, Matzzon said:

Bailout Thailand from what? Seen to the positive numbers compared to the negatives. Thailand has a very strong foundation in world economy.

Not saying I am positive to China, but we must deliver true information.

I would describe that foundation as strong but not very strong, the risk is that recovery takes much longer than imagined. The combination of loss of income/revenue plus enhanced and continued bailouts may result in increased government borrowings, that has the potential to erode much of that foundation. That will cause the baht to weaken and the cost of imports, oil and energy in particular to rise. More importantly, industry and supply chains will simply relocate to other locations where they can operate without restriction, at that point a bail out will be needed. Governments and entities such as World Bank, IMF, ADB and others can all see the potential for this and understand that it could easily reshape the geopolitical landscape, not just in Thailand but globally.

Edited July 14, 2020 by Trillian

[mr mr]

 

4 hours ago, webfact said:

President Xi stresses economic cooperation with Thailand

or else......

[nobodysfriend]

Last week there was the american delegation visiting Thailand , this week it is Xi who wants to deepen cooperation with Thailand ...

There is a conflict upcoming between the US and China . Chinas territorial expansion will not be tolerated by many countries any more , and the authoritarian way to handle it's internal affairs and even some multilateral relations is not well seen either ...

Thailand will probably try to take the best of all , that means it won't confront it's long time ' security partner ' , the US , and at the same time not risk losing it's ' business relations ' with the big brother China . Let's hope it finds a way to avoid the conflict ...

[Tarteso]

Mmmm... my smart man

Prayut talking Chinese language by phone with Xi?

 

[rkidlad]

5 hours ago, webfact said:

President Xi stresses economic cooperation with Thailand

I bet he does. This guy's got fewer friends than Prayut. 

 

Maybe China, Thailand, Russia, Iran and North Korea can form a 'business bubble'. 

[Brunolem]

1 hour ago, nobodysfriend said:

 

There is a conflict upcoming between the US and China .

 

Thailand will probably try to take the best of all

Let's hope it finds a way to avoid the conflict ...

Yes, the US is in dire need of a major diversion... 

 

And Thailand should better avoid to be caught in the middle of this coming conflict, because it is not going to be pretty... 

 

Edited July 15, 2020 by Brunolem

[Misterwhisper]

7 hours ago, webfact said:

guided by the principle of “a community of shared destiny.”

And we can imagine only too well what that "shared destiny" is going to be for the smaller nations of Southeast Asia: total dominance by China, delegating them to little more than client states. And Thailand already is on the best way to "attaining" just that.

 

If Mr. Prayuth thinks Thailand will ever be regarded by China as a level partner, he is dead wrong.

[alexth]

He got Thailand in his pocket already when CP Group leased Thailand... 

[Grumpy John]

Now I know why the rice farmers around here lay in their hammocks dreaming of old Siam before the hords of Chinese arrived.  The 19th century was a free and easy time for the hords from the North to set up shop here. 

[Matzzon]

4 hours ago, Trillian said:

I would describe that foundation as strong but not very strong, the risk is that recovery takes much longer than imagined. The combination of loss of income/revenue plus enhanced and continued bailouts may result in increased government borrowings, that has the potential to erode much of that foundation. That will cause the baht to weaken and the cost of imports, oil and energy in particular to rise. More importantly, industry and supply chains will simply relocate to other locations where they can operate without restriction, at that point a bail out will be needed. Governments and entities such as World Bank, IMF, ADB and others can all see the potential for this and understand that it could easily reshape the geopolitical landscape, not just in Thailand but globally.

As well as I agree with what you are writing, there is one question that must be posed. Thailand is Suoth East Asia´s second largest economy. They have not reached that level out of stupid decisions. Do you then think that they will be as stupid that they actuaölly reach that point this time?

[Grge Soul]

2 hours ago, Misterwhisper said:

And we can imagine only too well what that "shared destiny" is going to be for the smaller nations of Southeast Asia: total dominance by China, delegating them to little more than client states. And Thailand already is on the best way to "attaining" just that.

 

If Mr. Prayuth thinks Thailand will ever be regarded by China as a level partner, he is dead wrong.

Vietnam wants nothing to do with that destiny.

 

Haven't met one Vietnamese who has a positive word to say about their northern neighbours.

[Brunolem]

33 minutes ago, Matzzon said:

As well as I agree with what you are writing, there is one question that must be posed. Thailand is Suoth East Asia´s second largest economy. They have not reached that level out of stupid decisions. 

It is not that difficult to be the second largest economy in a group mostly composed of economic midgets, such as Laos, Cambodia or Burma. 

 

Considering the more significant GDP per capita, Thailand stands far behind Malaysia, to say nothing of Singapore and Brunei. 

 

Thailand is at the same level as Mexico or Turkmenistan, suggesting that there is still room for improvement. 

[Bluetongue]

He needs a friend, can only go so far with Mr Kim

[grumpy 4680]

        Kubla XI Khan,  Trying to impose 800 years of history of dominance in Asia, That failed too.

 

 

 

 

 

 

[Mavideol]

9 hours ago, webfact said:

President Xi stresses economic cooperation with Thailand

is it a coincidence ???? per TV post it appears

Thailand extends long-term loan to improve power in two Yangon townships and Thailand is playing the good neighbor on behalf of Xi as he might be on Myanmar black list

[Matzzon]

51 minutes ago, Brunolem said:

It is not that difficult to be the second largest economy in a group mostly composed of economic midgets, such as Laos, Cambodia or Burma. 

 

Considering the more significant GDP per capita, Thailand stands far behind Malaysia, to say nothing of Singapore and Brunei. 

 

Thailand is at the same level as Mexico or Turkmenistan, suggesting that there is still room for improvement. 

Sure it is! ???? 

As you love GDP per capita so much, are you not going to say that the American economy is the healthiest in the world? ????????

[Brunolem]

25 minutes ago, Matzzon said:

Sure it is! ???? 

As you love GDP per capita so much, are you not going to say that the American economy is the healthiest in the world? ????????

Qatar would be the healthiest, far higher than America who comes only at #10.

[Matzzon]

3 minutes ago, Brunolem said:

Qatar would be the healthiest, far higher than America who comes only at #10.

To judge a country on GDP per capita is only something that is made for beginners to the economy. There are so many factors that need to be taken into consideration to get a fair judgement, so that´s just a waste of time to discuss here. ???? 

 

However, I agree with you that Quatar is  very highly ranked, even when taking all other aspects into consideration.

Edited July 15, 2020 by Matzzon

[Enzian]

24 minutes ago, Brunolem said:

Qatar would be the healthiest, far higher than America who comes only at #10.

The problem with such lists/rankings, is that those above the US are all relatively much smaller in total population, which gives them the advantage they enjoy. The US is indeed a rich country, would that that wealth were put to better uses.

[Brigand]

Sugar coated words from a regime that could be equated to the Borg Collective from Star Trek pretty much. If I were the leaders of Thailand or Singapore then I'd be uncomfortable with this sort of wording. Many of the other places around here have willingly fallen and seems Thailand's elite is in the process of selling their country down the river to the Chinese monster. If the Thais are smart then they will play both sides, as they always have done, to keep some sort of independence ... but I'm not so sure this time, could be all over soon. This high speed train line could seal it and put them in the Chinese pocket for keeps along with the offers of loans/bailouts etc. I'd guess in 15 years there will be Chinese bases here and CCP soldiers running around doing stuff.

Edited July 15, 2020 by Brigand
Typos

[DrTuner]

 

"Comply or I'll put you between my paws and grind you to a polished turd".

 

Debt diplomacy waiting to pounce. And Thailand will go hook & sinker.

[kingofthemountain]

6 hours ago, Misterwhisper said:

And we can imagine only too well what that "shared destiny" is going to be for the smaller nations of Southeast Asia: total dominance by China, delegating them to little more than client states. And Thailand already is on the best way to "attaining" just that.

 

If Mr. Prayuth thinks Thailand will ever be regarded by China as a level partner, he is dead wrong.

As says the old chinese proverb

''it's the dog who wags its tail, not the tail who wags the dog''