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Chinese investment in Thailand to maintain record high in 2024

Staff members welcome Chinese tourists at Suvarnabhumi airport in Bangkok, Thailand, Sept. 25, 2023. Thailand extended a warm welcome to the first batch of visa-exempt flights from China on Monday, marking the launch of the nation’s fresh initiative to reinvigorate its Chinese tourist market. Photo: Xinhua

Chinese investment in Thailand is set to remain at a high level, reflecting a host of positive factors, after China became Thailand’s largest foreign investor in 2023, Chinese and Thai analysts said on Wednesday.

Since December, at least 14 A-share listed companies have announced that they are setting up branches, building new plants, expanding existing facilities or increasing their capital in Thailand, amid an accelerated inflows of Chinese investment into Thailand, according to media reports.

ZYNP Corp, a combustion engine component maker from Central China’s Henan Province, said…

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