Thai-Chinese Chamber urges neutrality in US-China conflict, deeper China ties

[webfact]

 

The Thai-Chinese Chamber of Commerce’s president, Narongsak Puttapornmongkol, has urged the new Thai government to maintain neutrality in the US-China conflict while deepening trade links with China. In an interview, Narongsak suggested that Chinese firms exporting to the US or Europe could bolster their investments in Thailand, enabling them to base production in the country.

 

“There is no need to be overly concerned because any business needs to pay tax. In addition, when authorities strictly enforce laws, it scares away shady Chinese businesses from coming to Thailand,” Narongsak stated.

 

He also highlighted that US firms are seeking new Asian locations for manufacturing bases, presenting an opportunity for Thailand. Narongsak voiced confidence that the new government, led by Srettha Thavisin, could balance the influences of the two global powerhouses and maintain positive trade relations with both.

“From an economic perspective, Thailand should find opportunities in the US-China crisis so we can have access to larger markets,” Narongsak commented.

 

by Alex Morgan 

Photo: Thai-Chinese Chamber of Commerce/Facebook

 

Full story: The Thaiger 2023-10-02

 

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[keith101]

So stay neutral but favor China over the US with free visas and bigger imports 

[Middle Aged Grouch]

Mainly remain neutral in the US-Russia war in Ukraine.

 

Don't make the same mistakes as Europe has done that is destroying and leading the UE to it's economical and social doom.

[nausea]

Do enough to stay under the US radar; anyway, they have bigger fish to fry, i.e. India.

[jimgilly]

Align with the US and you will go down with them and the few western allies they have left. 

 

The handwriting is on the wall - the West goes down while the East rises.  US hegemony is about to come to an end and sooner rather than later.

[retarius]

Sensible stuff for once from the Thai-China Chamber. No one makes out very well as a vassal under the US. 

[Nabby]

2 hours ago, jimgilly said:

Align with the US and you will go down with them and the few western allies they have left. 

 

The handwriting is on the wall - the West goes down while the East rises.  US hegemony is about to come to an end and sooner rather than later.

Tired old cliche spouted by Xi Jinping that is utterly lacking in merit. It's actually China's economy that is melting down and rather fast. 

[BritScot]

If it wasn't for "C" china's economy would already have crashed spectacularly. China thought it could bring the world crashing so lessening it's  noticible crash. Big money is moving out of China as are foreign firms. The crash has already started but the big danger is what will the ccp do in their death throws?

[hotchilli]

5 hours ago, webfact said:

The Thai-Chinese Chamber of Commerce’s president, Narongsak Puttapornmongkol, has urged the new Thai government to maintain neutrality in the US-China conflict while deepening trade links with China. In an interview, Narongsak suggested that Chinese firms exporting to the US or Europe could bolster their investments in Thailand, enabling them to base production in the country.

Says it all... come build here and make us look great.

[transam]

3 hours ago, jimgilly said:

Align with the US and you will go down with them and the few western allies they have left. 

 

The handwriting is on the wall - the West goes down while the East rises.  US hegemony is about to come to an end and sooner rather than later.

Very funny, comrade.............????

[KhunLA]

Makes sense, as USA invests nothing in TH, except a bit of money, to have access to the military (air/navel) bases.  

 

Then mostly DEA, and support for what's left of the aircrafts, still used by TH, F16s, and maybe F35s if they ever arrive, and doubtful.

 

TH has no use for the USA, except what little money they can squeeze out of them.  All the USA wants is FTA, so they can sell their overpriced meds here ... NO THANKS.

Edited October 2, 2023 by KhunLA

[John Drake]

5 hours ago, webfact said:

He also highlighted that US firms are seeking new Asian locations for manufacturing bases, presenting an opportunity for Thailand.

Side with China but ask for US firms to come to Thailand?  This does not compute.

[placnx]

3 hours ago, jimgilly said:

Align with the US and you will go down with them and the few western allies they have left. 

 

The handwriting is on the wall - the West goes down while the East rises.  US hegemony is about to come to an end and sooner rather than later.

Don't count your chickens before they're hatched.

[BarraMarra]

6 hours ago, Middle Aged Grouch said:

Mainly remain neutral in the US-Russia war in Ukraine.

 

Don't make the same mistakes as Europe has done that is destroying and leading the UE to it's economical and social doom.

We in the EE are preventing Russia from taking over another country and raping and killing their kids would you sit back and let Russia carry on Middle Age ? or are you ok with the Thai government allowing Russians to flee the draft and hide in Thailand.

[wwest5829]

3 hours ago, retarius said:

Sensible stuff for once from the Thai-China Chamber. No one makes out very well as a vassal under the US. 

Nor under China.

[Middle Aged Grouch]

3 hours ago, BarraMarra said:

We in the EE are preventing Russia from taking over another country and raping and killing their kids would you sit back and let Russia carry on Middle Age ? or are you ok with the Thai government allowing Russians to flee the draft and hide in Thailand.

You in the EE are destroying your economy and prosperity by beint patsys of the US and handing billions to the east. Ask the retirees in any EU or EEE nation what they think. Why do you think that extreme right wing parties are progressing all over like in Italy, and France and Spain closely following. Not to mention countries like Poland, Slovenia who are putting a ban on urkainian grain imports to protect their domestic markets.

 

And of course in the pas 20 years the US have not caused wars on invaded any places and killed thousands of innocent civilians in their drone strikes. US or Russia, no one is better then the other one. It's all a game of ego, money, power with innocent civilians no matter where who pay the price either with economic turmoil or worse.

Edited October 2, 2023 by Middle Aged Grouch

[transam]

4 minutes ago, Middle Aged Grouch said:

You in the EE are destroying your economy and prosperity by beint patsys of the US and handing billions to the east. Ask the retirees in any EU or EEE nation what they think. Why do you think that extreme right wing parties are progressing all over like in Italy, and France and Spain closely following. Not to mention countries like Poland, Slovenia who are putting a ban on urkainian grain imports to protect their domestic markets.

 

And of course in the pas 20 years the US have not caused wars on invaded any places and killed thousands of innocent civilians in their drone strikes. US or Russia, no one is better then the other one. It's all a game of ego, money, power with innocent civilians no matter where who pay the price either with economic turmoil or worse.

If you say so, comrade.................

[Purdey]

Boo hoo. It is so unfair that the Chinese can enter visa free. 

 

The Thailand Treaty of Amity  permits American companies to hold the majority of the shares or the whole company, branch office or representative office located in Thailand.

 

American companies are allowed to engage in business on the same basis as Thai companies, and are exempt from most of the restrictions of foreign investment imposed by the Alien Business Law of 1972.

 

Giving the Chinese free entry without visas doesn't seem like such a big deal after all. 

[StayinThailand2much]

5 hours ago, BritScot said:

The crash has already started but the big danger is what will the ccp do in their death throws?

Such large dictatorships have traditionally known only two answers; either brute force (if many Chinese were to question the regime) inward (Tiananmen Square 2.0?), or aggression outward (e.g. Taiwan invasion) to divert people's attention via nationalistic war 'games'...

Edited October 2, 2023 by StayinThailand2much

[cncltd1973]

5 hours ago, hotchilli said:

Says it all... come build here and make us look great.

and help china avoid the 'made in china' stigma

[gearbox]

6 hours ago, BritScot said:

If it wasn't for "C" china's economy would already have crashed spectacularly. China thought it could bring the world crashing so lessening it's  noticible crash. Big money is moving out of China as are foreign firms. The crash has already started but the big danger is what will the ccp do in their death throws?

Actually the Chinese economy is doing quite well, for first ever time in this years' Fortune global 500 companies rankings the Chinese are number 1 with 145 companies. What Xi is doing is repositioning the economy towards high added value industries and it shows - this year the Chinese have a decent chance of being number 1 car exporter to Australia. The Chinese are slowly gobbling industries one by one.

 

https://asia.nikkei.com/Business/China-tech/China-leads-high-tech-research-in-80-of-critical-fields-report

[dinsdale]

12 hours ago, webfact said:

“There is no need to be overly concerned because any business needs to pay tax. In addition, when authorities strictly enforce laws, it scares away shady Chinese businesses from coming to Thailand,” Narongsak stated.

How much of Thailand is already owned by the CCP? Chinese are the largest group of condo buyers. Guarantee these are state officials or familiy or businesses directly linked to the CCP. Absolutely horible dictator that no country on earth sould be involved with. Sadly that's not the case.

[jimgilly]

On 10/2/2023 at 2:18 PM, transam said:

Very funny, comrade.............????

Not meant to be funny.  I am someone who prefers to be a realist and sees the world for what it really is, not what some people want it to be. 

 

On the other hand, too many ignore the facts for what they are and suffer from cognitive dissonance and a normalcy bias, however, what is coming next should change all that.  Tic tock, tic tock......

[transam]

8 minutes ago, jimgilly said:

Not meant to be funny.  I am someone who prefers to be a realist and sees the world for what it really is, not what some people want it to be. 

 

On the other hand, too many ignore the facts for what they are and suffer from cognitive dissonance and a normalcy bias, however, what is coming next should change all that.  Tic tock, tic tock......

You are someone who looks at stuff through your own eyes, but, applying it to your own personal thoughts and possible agenda........????