China cancels Thailand rice deal amid probe

(BBC) Thailand has announced that a contract to sell more than a million tonnes of rice to China has been cancelled.

The Ministry of Commerce said the Chinese government pulled out of the the deal to buy 1.2 million tonnes of rice because of an ongoing probe.

Thailand's Anti-Corruption Commission is investigating PM Yingluck Shinawatra over a rice purchase policy.

The policy has been a factor in the anti-government protests that have sparked Thailand's political crisis.

The deal with China would have been the first stage of what the Thai government was hoping to be a larger shipment of 700 million tonnes of rice this year.

"China lacks confidence to do business with us after the National Anti-Corruption Commission started investigations into the transparency of rice deals between Thailand and China," Thai Commerce Minister Niwatthamrong Bunsongphaisan said, announcing the cancellation. [read more...]

Full story: http://www.bbc.co.uk/news/world-asia-26028335


-- BBC 2014-02-04

not such a surprise

Soon Suthep won t be needed to pull PT out, their voters will do it for him

not such a surprise

Soon Suthep won t be needed to pull PT out, their voters will do it for him

I think the voters who support PT don't really care much about these things. They are influenced in other ways.

Rice scheme burns out. Tablet maker bankrupt. First time car buyers not getting their rebates. That's 0/3 for the Shin populist promises! Well done!

The news just keeps getting better and better..

Rice scheme burns out. Tablet maker bankrupt. First time car buyers not getting their rebates. That's 0/3 for the Shin populist promises! Well done!

The spin meister is back ...surely not even you could blame YL for this. Blame here is squarely with Suthep. No other explanation warrants consideration.

Guess they figured if they want crappy rice they can get it cheaper from uncle ben.......

Rice scheme burns out. Tablet maker bankrupt. First time car buyers not getting their rebates. That's 0/3 for the Shin populist promises! Well done!

The spin meister is back ...surely not even you could blame YL for this. Blame here is squarely with Suthep. No other explanation warrants consideration.

The blame lies firmly at the door of Thaksin, Yingluck and Pheu Thai for their stupidly flawed and corrupt populist policies that are falling down now around their ears . . . no other explanation warrants consideration.

EDIT: By the way, is this the cancellation of the Rice Deal with China that China had previously denied even existed? If so, this Govt is piling lie on top of lie at the moment, I'll await the announcement next from China stating that they have no clue what "Thailand" is talking about and to stop putting words in their mouths.

Edited February 4, 201412 yr by Tatsujin

Rice scheme burns out. Tablet maker bankrupt. First time car buyers not getting their rebates. That's 0/3 for the Shin populist promises! Well done!

The spin meister is back ...surely not even you could blame YL for this. Blame here is squarely with Suthep. No other explanation warrants consideration.

She is the PM isn't she? These are the promises they made during elections right? And all failed. And if the rice scheme is corrupt and the Chinese don't want to deal with us, how is it Suthep's fault when it's the Shinawatra government handling this? Talk about spin doctors!

Well the blame is with the NACC for investigating this BS in the first place, a deal to buy rice from Thailand-the NACC calls 'corruption' the things this sham tribunal calls corruption is unbelievable

Going on a cooking show is corruption

Voting to amend the constitution so that the upper house is elected not appointed is corruption

Buying rice is corruption

The rice pledging scheme, aka a farm subsidy is corruption

Edited February 4, 201412 yr by pkspeaker

http://news.yahoo.com/china-cancels-deal-buy-thai-rice-due-graft-064242944--sector.html

The blaming of one person on this is wrong. She had alto of other people working the process. The whole scheme was to get the Shin Dynasty back in power, and to put large amounts of money into the hands of corrupt politicians.

The BBC mention that Thailand was hoping to ship 700 million tons this year.

Wow, how much rice are they planning on buying this year - PTP really going for broke!!

I believe there is a 'small' error in the BBC figure.

Rice scheme burns out. Tablet maker bankrupt. First time car buyers not getting their rebates. That's 0/3 for the Shin populist promises! Well done!

The spin meister is back ...surely not even you could blame YL for this. Blame here is squarely with Suthep. No other explanation warrants consideration.

Exactly. Blame the cop for investigating a burglary, blame the home owner for discovering the burglary. Heck, blame HomePro for selling the burglary tools. But whatever you do, don't blame the burglar....

More weak reporting and biased with it.

Taking for granted that the Chinese government was involved rather than some Chinese company that has nothing to do with rice.

Trying to blame the protesters when the only thing preventing the farmer payments is for the government to fund the BAAC.

Useless Mr. Head.

Not even Google journalism

Sent from my Nexus 4 using Thaivisa Connect Thailand mobile app

Rice scheme burns out. Tablet maker bankrupt. First time car buyers not getting their rebates. That's 0/3 for the Shin populist promises! Well done!

The spin meister is back ...surely not even you could blame YL for this. Blame here is squarely with Suthep. No other explanation warrants consideration.

You forgot to add that Suthep is to blame for the Panda's miscarriage.

Well the blame is with the NACC for investigating this BS in the first place, a deal to buy rice from Thailand-the NACC calls 'corruption' the things this sham tribunal calls corruption is unbelievable

Going on a cooking show is corruption

Voting to amend the constitution so that the upper house is elected not appointed is corruption

Buying rice is corruption

The rice pledging scheme, aka a farm subsidy is corruption

Don't you realize that it is the job of the NACC to investigate corruption.?

And as for your other stupidity, not worth answering.

If you are going to post on here you should really try to understand what is going on first.

Rice scheme burns out. Tablet maker bankrupt. First time car buyers not getting their rebates. That's 0/3 for the Shin populist promises! Well done!

The spin meister is back ...surely not even you could blame YL for this. Blame here is squarely with Suthep. No other explanation warrants consideration.

The blame lies firmly at the door of Thaksin, Yingluck and Pheu Thai for their stupidly flawed and corrupt populist policies that are falling down now around their ears . . . no other explanation warrants consideration.

EDIT: By the way, is this the cancellation of the Rice Deal with China that China had previously denied even existed? If so, this Govt is piling lie on top of lie at the moment, I'll await the announcement next from China stating that they have no clue what "Thailand" is talking about and to stop putting words in their mouths.

I honestly can't even see how Suthep can be blamed here.

It is a PTP flagship policy. yingluck was the chairman of the rice scheme. It is proven there is corruption in the scheme and she is being probed as a result. This has made China a bit worried about dealing with a scheme that is being investigated for corruption.

How is Suthep to blame. Did he receive some under hand money from the scheme? Is he involved in the corruption somehow? Did China say we won't buy your rice because of Suthep? Or is it the knee jerk reaction to every short fall of the PTP. Blame someone else first then make up a reason latter.

Rice scheme burns out. Tablet maker bankrupt. First time car buyers not getting their rebates. That's 0/3 for the Shin populist promises! Well done!

Yeah, too bad the misnamed Democrats don't want an election where they can campaign on the issues. Who knows, if they focused their energy on winning an election instead of overthrowing the government through street protests, they might win.

Not to be outdone, the EU is now also getting in on the act --> http://www.bbc.co.uk/news/world-europe-26014387.

So even the big brother China shows his pride, at least for their own sake....

not such a surprise

Soon Suthep won t be needed to pull PT out, their voters will do it for him

You mean,... the rice farmers... the rest of Pheu Thai voters who are not affiliated with rice business couldn't care less....

Rice scheme burns out. Tablet maker bankrupt. First time car buyers not getting their rebates. That's 0/3 for the Shin populist promises! Well done!

Yeah, too bad the misnamed Democrats don't want an election where they can campaign on the issues. Who knows, if they focused their energy on winning an election instead of overthrowing the government through street protests, they might win.

Stay on topic, this thread is about China cancelling the rice deal with Thailand, nothing to do with the Democrats boycotting the election...

... or are you so bitter you just cant let that one go?

Well the blame is with the NACC for investigating this BS in the first place, a deal to buy rice from Thailand-the NACC calls 'corruption' the things this sham tribunal calls corruption is unbelievable

Going on a cooking show is corruption

Voting to amend the constitution so that the upper house is elected not appointed is corruption

Buying rice is corruption

The rice pledging scheme, aka a farm subsidy is corruption

It is the job of the NACC to investigate corruption, that's what one of the Cs stands for.

They found some. (and nothing to do with subsidies)

What would you have them do, keep quiet about it.

Of course. Zero official statement from the Chinese.

not such a surprise

Soon Suthep won t be needed to pull PT out, their voters will do it for him

I think the voters who support PT don't really care much about these things. They are influenced in other ways.

I agree. I speak to teachers at my issan school who have never heard of the rice scheme.

Rice scheme burns out. Tablet maker bankrupt. First time car buyers not getting their rebates. That's 0/3 for the Shin populist promises! Well done!

The spin meister is back ...surely not even you could blame YL for this. Blame here is squarely with Suthep. No other explanation warrants consideration.

how is Suthep to blame? Go on... Amaze me.

China if they had nothing to fear from a probe would not worry and allow the deal to go,ahead as they did with a tender in Australia recently. So why pull out? Methinks something stinks.

Marcusd. Via tapatalk

not such a surprise

Soon Suthep won t be needed to pull PT out, their voters will do it for him

I think the voters who support PT don't really care much about these things. They are influenced in other ways.

Sad but true. There is far too much religious like fervour on both sides of the divide. The rulers playing their pawns off against it each with indisciminate comtempt for the resulting suffering.

I see little hope for Thailand in the short-middle term.

Too many idiot posters on here with uncompromising views too.

I wondered why Yingluck was the chairwoman of the rice mortgage committee scheme, after all her knowledge about rice is probably limited to cooking.

Apparently it was considered appropriate and a chance for the fledgling PM to bask in the glory of this revolutionary ingenious scheme to help both Thai farmers and push up the world price of rice.

She must be cursing big brother now. I wonder if he is burying his head in the sand of Dubai?

Rice scheme burns out. Tablet maker bankrupt. First time car buyers not getting their rebates. That's 0/3 for the Shin populist promises! Well done!

The spin meister is back ...surely not even you could blame YL for this. Blame here is squarely with Suthep. No other explanation warrants consideration.

Bullsh*t

I wondered why Yingluck was the chairwoman of the rice mortgage committee scheme, after all her knowledge about rice is probably limited to cooking.

Apparently it was considered appropriate and a chance for the fledgling PM to bask in the glory of this revolutionary ingenious scheme to help both Thai farmers and push up the world price of rice.

She must be cursing big brother now. I wonder if he is burying his head in the sand of Dubai?

".......after all her knowledge about rice is probably limited to cooking."

I fear you give the lady too much credit. Although she has been photographed stirring noodles in a wok, I venture that the closest she has got to cooking rice has been when she's popped down to the cooks kitchen at home to ask when dinner will be served.