China Daily:
China and Thailand yesterday agreed to expand economic cooperation as part of visiting Thai Prime Minister Abhisit Vejjajiva's efforts to revive the Thai economy that was hard hit by the financial crisis and political unrest.
Commerce ministers from Thailand and China signed the agreement at the Great Hall of the People after a meeting between Premier Wen Jiabao and Abhisit.
The two premiers officiated at the signing ceremony.
Details of the agreement were not available at press time, but Abhisit vowed before arriving in Beijing to try to attract Chinese enterprises to invest in a new three-year plan worth about 1.4 trillion baht ($40.9 billion) to revive an economy facing its first annual contraction since 1998.
The Thai prime minister, on his first visit to China since taking office in December, is leading more than 100 government officials and entrepreneurs - the largest team he has taken overseas.
In the first quarter of the year, the Thai economy contracted by 7.1 percent, following a fall of 4.2 percent in the fourth quarter of last year, according to the Thai Commerce Ministry.
Ministry figures showed its trade with China fell 25 percent to $11.3 billion in the first five months of the year.
Virachai Virameteekul, from the Thai prime minister's office, said before the visit that Abhisit would explain to Chinese leaders the reasons behind political unrest in the country and assure Beijing that Bangkok was ready to embrace foreign investment.
Abhisit has raised his expectation for bilateral trade from the current annual $40 billion to $50 billion for 2010.
His efforts received a positive response.
"The Chinese government encourages and supports Chinese enterprises to invest in Thailand and join in its infrastructure construction," reads a press release issued by the Foreign Ministry after the meeting.
Zhang Jiuqin, an expert on Thai studies with the Ministry of Commerce, said that while Sino-Thai trade is shrinking, the goal of $50 billion in 2010 will "possibly be reached", given signs of a warming global economy.
Thai Crisis' head will explode after reading this.
I'm seriously considering the idea that Abhisit may be mentally ill. He has cognitive dissonance problems where what he thinks is reality is so far removed from the actual reality.
Is he dishonest or just stupid? I'm having problems making the distinction.
Bi-lateral trade between Thailand and China is roughly $36 billion--and shrinking. And Abhisit think it can grow to $50 billion by next year during the worst economic down turn since the Great Depression.
Not only that, he wants the Chinese to invest $40 billion in Thailand within the next 3 years.
Why would China invest $40 billion in Thailand to produce goods that it can produce better and much more cheaply in its own country?
By the way, Abhisit really is an idiot. Thailand doesn't have a liquidity problem or a foreign investment problem.
Abhisit has no plans to use foreign investment to stimulate domestic demand. He has done nothing to remove the barriers to foreign money in the country when it comes to competing in the domestic market.
Most of the Thai economy is built on using Thailand an entrepot for foreign exports. Abhisit wants to continue that idiotic model. China doesn't need Thailand as an entrepot for its own goods.
If Abhisit had a brain cell in his head, he wouldn't be going hat in hand begging like a shameless peasant to foreign countries. Instead, he should be encouraging domestic banks to invest in Thais and create entrepreneurship and stimulate domestic demand, so millions of people can be pulled out of poverty on their own accord.
Showing posts with label China Watch. Show all posts
Showing posts with label China Watch. Show all posts
Thursday, June 25, 2009
Monday, April 2, 2007
Crown Princess Maha Chakri Sirindhorn Goes to China, Again
Thai princess kicks off visit to China
24 visits to China? The Chinese Government is obviously interested in succession politics.
The Bangkok Chinese put King Thaksin and the Chakri Dynasty on the throne. Up until King Mongkut, Thai kings sent personal envoys to China to make obeisance at the feet of the Chinese emperors and receive investiture in return.
It looks like China is bent on reestablishing its ancient and traditional role in Southeast Asian politics.
Addendum:
I blogged this topic, because I'm probably the only one who will talk about it, at least in public.
I'm convinced that courting the royal family is a ploy on the part of the Chinese to ingratiate itself into succession politics. I think the princess is a willing party to China's political courtship. She has been allying herself with the Thai-Chinese business community for years now. She sponsors many Chinese festivals in Thailand. She visits Chinatown ofter. She is no fool. She is a historian. She knows who controls the means of production of the country. Also, she probably senses that China is on the rise and the US on the wane, at least regionally.
We are entering a period of end of reign politics. Every Thai king, going back hundreds of years, has had to forge alliances with powerful domestic and international factions, especially when it came to succession. No king is an island onto himself. During the Ayutthaya period, many Thai kings used the power of foreign traders and imperial agents to ascend the throne. At one time or another during the Ayutthaya period, the Portuguese, the Japanese, the Persians, the Dutch, the French and the British had helped Thai kings ascend the to the throne and/or consolidate power. And to prevent one European power from becoming to powerful in Siam, Thai kings would play the rival powers off each other. One could imagine now that if China ever became to powerful in Thailand, the government would invite the US back in, or court the EU or Japan in order to maintain a certain balance.
Anyway, like I wrote before, every Thai king before King Mongkut had to have the blessings of the Chinese emperor. The Chinese seal of approval sanctified the succession.
After China collapsed during the mid-18th century, the British became the regional power broker. British imperials agents signed off on King Chulalongkorn, King Vajirayudh, and King Prajadipok-- the last two noted Anglophiles.
After Rama VII abdicated, Pridi and Plaek chose Prince Ananda as his successor, because he was unformed by any faction or international power (His cousin and alternative choice for the throne, Prince Chakrabongse, was an Anglophile). And while King Ananda was still a boy, the regent, Pridi, could speak for him. Put simply, he was intended to be the People's Party's puppet.
During the late 30's to mid 40's, Thailand moved away from the British sphere into the Japanese sphere, deliberately, because the British controlled a large part of the Thai economy. As we all well know, siding with the Japanese was the wrong move for Thailand, because they lost the war. After the war, the British thought it could go back to its traditional imperial role as Thailand's political and economic patron, but the Thais didn't want that, so they ran into the arms of their new friend and protector, the United States. The US told the British to back off, and they did. Regardless, the British Empire was disintegrating in the East anyway, so the Thais probably wouldn't have had to suffer under the British for long.
As the Cold War started to heat up and China was lost to the Communists, the Thais held on more tightly to the US for protection. The story that the Thais would want you to believe is that the US imposed this relationship on the Thais, which is, of course, a lie. The Thais were the ones who were hankering for the relationship. Anyway, the US became Thailand's patron for most of the Cold War. As a result, the US pored billions of dollars into the Thai economy, as well as built up a close relationship with the monarchy, the military and bureaucracy. This relationship continued up until the early 80's and the end of Vietnam's occupation of Cambodia. Coincidentally, this is about the same time Deng started to open up China to foreign capital.
As China has become wealthier and politically potent, it has started a Go South policy, which means that it has been interfering in the domestic affairs of Southeast Asia states on its periphery. Currently, Burma and Cambodia are client states of China. When you look at the geography, Thailand fills in the hole on China's southern flank, assuring protection from the sea and from the Muslim hordes in the deeper South.
So, I don't think China interfering in the succession is unprecedented. In fact, it is consistent with its foreign policy. And the Thai government's acceptance of foreign interference in its succession politics is not unprecedented either. Indeed, the Thai royal family has a long history of allying itself with foreign patrons and protectors.
I'm sure there are some in the US who have come up with the same analysis and are concerned about Thailand's cuddling up with Red China. But this current administration is so grossly incompetent that it will take the next administration years to re-evaluate its foreign policy, especially with China, and clean up relations with its traditional allies all over the world. In the meantime, as the US stupidly wastes time and energy chasing crazy Muslims all over the world, China is going to take every advantage that it can get by increasing it influence in the region and beyond.
Also, the great thing about China is that it, unlike the US, doesn't announce its foreign policy to the world on the 6 o'clock news every night, so it can make plays undetected towards second and third tier powers without much of the world paying attention.
Ironically, it is smart enough to announce that it doesn't interfere in the internal affairs of other countries when that is exactly what it is doing.
Anyway, the larger point I'm trying to make is that Thais will choose a powerful patron as it ascends and dump it as it descends. Thais not only do this in personal relationships, but on a larger international scale as well.
The US is on the decline, China is ascending, so the princess will choose to go with China as the powerful patron and protector. Will the US try to woo her into the US camp? Probably not. But the Crown Prince may go that way if he thinks he will lose the throne. But I don't even know if the US is stupid enough to back that unpopular horse, at least publically. The fortune tellers say that he will die within years of taking the throne, so who knows what will happen there, but I don't put too much faith in that mumbo jumbo.
People's Daily Online
At the invitation of the Chinese government, Thai Princess Maha Chakri Sirindhorn arrived in Beijing Monday afternoon for a 12-day visit to China.
During Sirindhorn's visit, Chinese top legislator Wu Bangguo and State Councilor Tang Jiaxuan will meet with her, respectively.
Besides Beijing, Sirindhorn will also visit northwest China's Qinghai Province, southwest China's Tibet Autonomous Region, central China's Hubei Province, east China's Zhejiang Province and China's economic hub Shanghai.
This is Sirindhorn's 24th visit to China.
24 visits to China? The Chinese Government is obviously interested in succession politics.
The Bangkok Chinese put King Thaksin and the Chakri Dynasty on the throne. Up until King Mongkut, Thai kings sent personal envoys to China to make obeisance at the feet of the Chinese emperors and receive investiture in return.
It looks like China is bent on reestablishing its ancient and traditional role in Southeast Asian politics.
Addendum:
I blogged this topic, because I'm probably the only one who will talk about it, at least in public.
I'm convinced that courting the royal family is a ploy on the part of the Chinese to ingratiate itself into succession politics. I think the princess is a willing party to China's political courtship. She has been allying herself with the Thai-Chinese business community for years now. She sponsors many Chinese festivals in Thailand. She visits Chinatown ofter. She is no fool. She is a historian. She knows who controls the means of production of the country. Also, she probably senses that China is on the rise and the US on the wane, at least regionally.
We are entering a period of end of reign politics. Every Thai king, going back hundreds of years, has had to forge alliances with powerful domestic and international factions, especially when it came to succession. No king is an island onto himself. During the Ayutthaya period, many Thai kings used the power of foreign traders and imperial agents to ascend the throne. At one time or another during the Ayutthaya period, the Portuguese, the Japanese, the Persians, the Dutch, the French and the British had helped Thai kings ascend the to the throne and/or consolidate power. And to prevent one European power from becoming to powerful in Siam, Thai kings would play the rival powers off each other. One could imagine now that if China ever became to powerful in Thailand, the government would invite the US back in, or court the EU or Japan in order to maintain a certain balance.
Anyway, like I wrote before, every Thai king before King Mongkut had to have the blessings of the Chinese emperor. The Chinese seal of approval sanctified the succession.
After China collapsed during the mid-18th century, the British became the regional power broker. British imperials agents signed off on King Chulalongkorn, King Vajirayudh, and King Prajadipok-- the last two noted Anglophiles.
After Rama VII abdicated, Pridi and Plaek chose Prince Ananda as his successor, because he was unformed by any faction or international power (His cousin and alternative choice for the throne, Prince Chakrabongse, was an Anglophile). And while King Ananda was still a boy, the regent, Pridi, could speak for him. Put simply, he was intended to be the People's Party's puppet.
During the late 30's to mid 40's, Thailand moved away from the British sphere into the Japanese sphere, deliberately, because the British controlled a large part of the Thai economy. As we all well know, siding with the Japanese was the wrong move for Thailand, because they lost the war. After the war, the British thought it could go back to its traditional imperial role as Thailand's political and economic patron, but the Thais didn't want that, so they ran into the arms of their new friend and protector, the United States. The US told the British to back off, and they did. Regardless, the British Empire was disintegrating in the East anyway, so the Thais probably wouldn't have had to suffer under the British for long.
As the Cold War started to heat up and China was lost to the Communists, the Thais held on more tightly to the US for protection. The story that the Thais would want you to believe is that the US imposed this relationship on the Thais, which is, of course, a lie. The Thais were the ones who were hankering for the relationship. Anyway, the US became Thailand's patron for most of the Cold War. As a result, the US pored billions of dollars into the Thai economy, as well as built up a close relationship with the monarchy, the military and bureaucracy. This relationship continued up until the early 80's and the end of Vietnam's occupation of Cambodia. Coincidentally, this is about the same time Deng started to open up China to foreign capital.
As China has become wealthier and politically potent, it has started a Go South policy, which means that it has been interfering in the domestic affairs of Southeast Asia states on its periphery. Currently, Burma and Cambodia are client states of China. When you look at the geography, Thailand fills in the hole on China's southern flank, assuring protection from the sea and from the Muslim hordes in the deeper South.
So, I don't think China interfering in the succession is unprecedented. In fact, it is consistent with its foreign policy. And the Thai government's acceptance of foreign interference in its succession politics is not unprecedented either. Indeed, the Thai royal family has a long history of allying itself with foreign patrons and protectors.
I'm sure there are some in the US who have come up with the same analysis and are concerned about Thailand's cuddling up with Red China. But this current administration is so grossly incompetent that it will take the next administration years to re-evaluate its foreign policy, especially with China, and clean up relations with its traditional allies all over the world. In the meantime, as the US stupidly wastes time and energy chasing crazy Muslims all over the world, China is going to take every advantage that it can get by increasing it influence in the region and beyond.
Also, the great thing about China is that it, unlike the US, doesn't announce its foreign policy to the world on the 6 o'clock news every night, so it can make plays undetected towards second and third tier powers without much of the world paying attention.
Ironically, it is smart enough to announce that it doesn't interfere in the internal affairs of other countries when that is exactly what it is doing.
Anyway, the larger point I'm trying to make is that Thais will choose a powerful patron as it ascends and dump it as it descends. Thais not only do this in personal relationships, but on a larger international scale as well.
The US is on the decline, China is ascending, so the princess will choose to go with China as the powerful patron and protector. Will the US try to woo her into the US camp? Probably not. But the Crown Prince may go that way if he thinks he will lose the throne. But I don't even know if the US is stupid enough to back that unpopular horse, at least publically. The fortune tellers say that he will die within years of taking the throne, so who knows what will happen there, but I don't put too much faith in that mumbo jumbo.
Friday, March 16, 2007
China's Go South Policy: Excellent Article on Economic Integration in Sub-Mekhong Region
With Bridge Across Mekong, China Seeks Trade Route to Gulf of Thailand
World Politics Watch
Graham Lees
CHIANG KHONG, Thailand -- In the sleepy village of Chiang Khong on the muddy-brown banks of the mighty Mekong river, the young men are excited by talk of a bridge to link Thailand with Laos on the other side. The older population of mostly farmers and small traders are less enthused; they have heard it before.
But this time, a bridge to open up a forgotten corner of empty, jungle-covered hills on the edge of the Golden Triangle -- notorious in faraway countries for its opium-producing poppy cultivation -- might really happen.
The nearest bridge across the Mekong is more than 500 kilometers to the south, providing a link between eastern Thailand and the Lao capital Vientiane.
But now the impetus for change is coming from China, which needs to develop its large and poor southwestern province of Yunnan, bordering Burma, Thailand, Laos and Vietnam, and bigger than Laos and Cambodia combined.
The Chinese have already begun harnessing the Mekong, which links six countries of Indochina before it empties into the South China Sea below Ho Chi Minh City, better known to many as Saigon.
China has agreed to pay half the $33.2 million cost with Thailand to build a bridge to replace pontoon-like ferries that provide the only link across the river into the darkly forested land beyond. Previous proposals to build a bridge have fallen foul of political indifference in Bangkok and a suspicion of outsiders by the secretive communist dictatorship running Laos.
Continued
Continued
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