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Thailand's Board of Investment Favours China Alliances.
Aug. 1--Thailand wants to develop an investment alliance with China rather than become the regional giant's competitor for industrial and other global investment.
The Board of Investment has mapped out two key strategies to achieve the goal, according to Sompong Vanapa, the agency's secretary-general.
One is to attract Chinese investment to expand industries in Thailand, including the production of vehicle tyres, rubber parts, machinery and related parts, chemical fertiliser, electronics, information technology and integrated communication technology.
The other is to encourage Thais to invest in China, especially in industries or enterprises ...
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Source: HighBeam Research, Thailand's Board of Investment Favours China Alliances.