The Anutin government seems to be going all out to woo China, and this news item trumpeting Bt70 billion in Chinese EV/tech commitments fits the pattern. This is fine, but it needs to be put in context. While China is certainly a key contributor, Japan invested Bt44.66 billion in just the first half of 2026 and is still the single biggest investor by value. Singapore isn’t far behind at Bt37.87 billion, the EU contributed roughly Bt19 billion in Q1 alone, and the US Bt6 billion. So, Anutin’s “China wave” looks less like a historic shift and more like Thailand becoming a convenient offshore node for Chinese supply chains. Meanwhile, Japan and Singapore continue their steady, higher‑value investment without fanfare. Put simply, China now gets the headlines, but Japan still brings money, and Singapore brings infrastructure. The real question though is, will Thailand use this Chinese investment to upgrade its own tech base, or just become a cheaper assembly hub for Guangdong? Source: BOI latest foreign investment data, H1 2026