News Forum - Thailand happy to be pawn in US, China economic war

[Thaiger]

Thailand still appears to be a pawn in the ongoing economic war between the US and China – or is it? US Secretary of State Antony Blinken met with Thailand PM Prayut Chan-o-cha, and Foreign Affairs Minister, Don Pramudwinai, on Sunday, as part of his Southeast Asia tour. The Thai PM welcomed the US diplomat and stated his happiness in continuing bilateral ties between the two nations especially as next year marks 190 years of diplomatic ties. Blinken said he welcomed the opportunity to help shape the Thai economy that will benefit both Thailand and the US. The 60 year […]

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[Cabra]

This is nothing new. Thailand is everyone and anyone's friend if there is money to be made. But if they ever have to choose sides, don't be mistaken... China comes out on top.

[ThaiEyes]

 

Thailand happy to be pawn in US, China economic war
 

Yeah and how is that working out for them? Baht currency rate declining and still struggling economic recovery and poverty out of control? 

 

[Ramanathan.P]

US helping Thai economy.....may be yes in in the entertainment venues. 

[EdwardV]

18 minutes ago, Ramanathan.P said:

US helping Thai economy.....may be yes in in the entertainment venues. 

Thailand exports to the US $34B, to China $30B. They import from China $50B, and from the US $15B. 

https://tradingeconomics.com/thailand/exports-by-country

https://tradingeconomics.com/thailand/imports-by-country

It’s called balance of trade and when it’s in your favor it’s a good thing. When not, we’ll you get the picture. 

[ThaiEyes]

10 minutes ago, EdwardV said:

Thailand exports to the US $34B, to China $30B. They import from China $50B, and from the US $15B. 

https://tradingeconomics.com/thailand/exports-by-country

https://tradingeconomics.com/thailand/imports-by-country

It’s called balance of trade and when it’s in your favor it’s a good thing. When not, we’ll you get the picture. 

Agreed, but all that means a lot less when the baht exchange rate is crap

[Morpheus]

Normal I think for Thais to play the juggling act. Prefer to stay neutral.

[HolyCowCm]

But the allegiance from the richest Thai Chinese and Thai Chinese companies with straight ties to China will have to go the CCP way, and this is also maybe a discussion we can't go into depth about for who at teh top supports them in this country the most. Of course Thailand plays both fields, but they better hope that the bad behind th scene masters don't mandate a back turning.

[HolyCowCm]

14 minutes ago, Transam said:

The easy way out....

It's probably more harder than you think to insert your head up two rear-ends at once.

[Giltee]

3 hours ago, HolyCowCm said:

It's probably more harder than you think to insert your head up two rear-ends at once.

Yea but you can only see the shoe laces sticking out the CCP rear end.