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Sunday, May 5, 2024

Thai-Chinese Chamber urges neutrality in US-China conflict, deeper China ties

Photo: Thai-Chinese Chamber of Commerce/Facebook

The Thai-Chinese Chamber of Commerce’s president, Narongsak Puttapornmongkol, has urged the new Thai government to maintain neutrality in the US-China conflict while deepening trade links with China. In an interview, Narongsak suggested that Chinese firms exporting to the US or Europe could bolster their investments in Thailand, enabling them to base production in the country.

“There is no need to be overly concerned because any business needs to pay tax. In addition, when authorities strictly enforce laws, it scares away shady Chinese businesses from coming to Thailand,” Narongsak stated.

He also highlighted that US firms are seeking new Asian locations for manufacturing bases, presenting an opportunity for Thailand. Narongsak voiced confidence that the new government, led by Srettha Thavisin, could…

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