[1/2]Thailand’s Prime Minister Srettha Thavisin arrives at Beijing Capital International Airport to attend the Third Belt and Road Forum in Beijing, China, October 16, 2023. REUTERS/Tingshu Wang/Pool Acquire Licensing Rights
BANGKOK, Oct 17 (Reuters) – Chinese investment in Thailand has picked up pace this year despite an economic slowdown in the Asian giant, a welcome boost for the country’s new prime minister who flew into Beijing this week to bolster ties with its largest trading partner.
A stuttering recovery in the world’s second-biggest economy has spooked financial markets in 2023 as investors fretted about the impact on global growth, although Thailand has managed to retain its attraction as a vital investment hub including for China’s growth-hungry firms.
Between January and August, Thailand received foreign investment applications worth 365.2 billion baht ($10.1 billion) -…
