Thailand and China have a combined trade value of around $100 billion, accounting for 20% of Thailand’s global trade.
With the Move Forward Party (MFP) still on track to establish a new government, fresh concerns over the next chapter in Thai-Chinese economic relations have surfaced.
Critics cited the MFP’s proposal to form a “security alliance” with the US by scaling up the annual Cobra Gold military exercise as one factor that may affect trade between Thailand and China, though the party insists on developing cooperation with Beijing to ensure peace and prosperity.
Under the 23-point memorandum of understanding meant to serve as policy guidelines for the proposed coalition government, the eight parties agree to maintain…
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