Deputy Prime Minister General Tanasak Patimapragorn tells China, Thailand is ready for investments

NANNING, 20 September 2015 (NNT)-Deputy Prime Minister General Tanasak Patimapragorn reassures Chinese investors that Thailand is prepared for further Chinese investments. China says the country will push for continuous economic cooperation for the benefit of both countries.

Deputy Prime Minister General Tanasak Patimapragorn attended talks with top Chinese business leaders at the People's Hall in Nanning of China's Guangxi region. The deputy prime minister met with China’s leading business operators to reassure them of investment opportunities in Thailand.

During the event, General Tanasak delivered a speech on Thailand’s strengthening of the economy as well as the Southeast Asian country’s focus on telecommunications infrastructure and the study of various rules and regulations. The deputy prime minister said cooperation between China and ASEAN nations will become increasingly important especially on the Silk Road in the 21st century.

-- NNT 2015-09-20

In case there are any excitable Chinese members reading this, the OP omitted the most important information. Thailand is ready for your investment, you can pay for 100% of your company, but you can only own 49% of it. Say what, really? Yes, its true, and no, it makes no sense whatsoever.

China replies " we make the rules, we write the scripts. "

If there's one thing China understands only too well it's protectionism.

lol translation - capital fleeing an imploding bubble economy is welcome here.

He woke up this morning saying to himself, I have to come up with some bombastic announcement to show them who I am,

I'm a general after all, and generals suppose to say something clever every now and then...

Little he knows that China is already very heavily invested in Thailand and any more investments and we should change

the name of this country to Chiland....

lol translation - capital fleeing an imploding bubble economy is welcome here.

yes and fleeing into yet another imploding bubble economy.

Sounds like he is begging to me.

The Chinese are also heavy into Laos, Cambodia and Burma. What makes Thailand a better investment than those places?

The Chinese will no doubt be throwing money at any opportunity for investments in Thailand you cant fail China.

China's "investments" in many areas have little to do with the economics of the deal but, rather, the long-term political implications.

As someone noted, it sure sounds like begging to me and his phraseology could be more accurately be stated as: "Hey, our economy is heading down the porcelain receptacle and we really need your money now!"

Wait till he asks again then you can really bend it your way!

I think a vague knowledge of international affairs and politics might be a good thing for the junta to get their heads around. Whilst they do this sort of dribble, real issues are being dealy in a different way, by different nations.

http://www.nytimes.com/2015/09/20/world/warily-eyeing-china-philippines-may-invite-us-back-to-subic-bay.html?_r=0

Interesting article. I know whose side I'd rather be on.

China's "investments" in many areas have little to do with the economics of the deal but, rather, the long-term political implications.

As someone noted, it sure sounds like begging to me and his phraseology could be more accurately be stated as: "Hey, our economy is heading down the porcelain receptacle and we really need your money now!"

Quote China's "investments" in many areas have little to do with the economics of the deal but, rather, the long-term political implications. unquote. Just Google as to the stranglehold they have on Ecuador.

China is certainly ready to invest yuans (not dollars) into Thailand.

China just needs to decide what the exchange rate will be that gives China the most for its currency.

Welcome to the Chinese Republic of Thailand

"...delivered a speech on Thailands strengthening of the economy as well as the Southeast Asian countrys focus on telecommunications infrastructure..." I would have said that he told them a fairly tail. Anyway, the Chinese don't need to be told what is going on in Thailand. They will lock it up as they like it ... the Silk Road is a concept and execution of their devising.

Thailand has become the spoilt child of SE Asia ..

Uncle Sam is gonna be very upset!

[emoji23]

He is begging for the Chinese to at least Invest a few Yuan but who would Invest anything in a country where you are out of control with your own Investment ... ? This economy is about to crash and burn ...

China is the best friend with benefits it seems. What would China like to make in Thailand that it can't make in China?