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Thai investment applications hit 5-year high, led by Chinese money
BANGKOK — Applications to invest in Thailand climbed 43% to a five-year high of 848.3 billion baht ($24 billion) in 2023, driven by Chinese capital, the latest official data shows.
Foreign direct investment accounted for 663.2 billion baht of the total, up 72%. China was the top applicant by value at 159.3 billion baht.
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