Sign up | Log in



Home  >>   Daily News  >>   Thailand News  >>   Ties  >>   China’s PM Wen says, Thailand, China are one family
NEWS UPDATES Asean Affairs   23 November 2012 

China’s PM Wen says, Thailand, China are one family


Chinese leader Wen Jiabao praised Thailand for its friendship yesterday and promised more cooperation in agriculture, education and infrastructure development.

But the outgoing Premier stopped short of firm commitments, including a much-anticipated deal for China to buy rice from Thailand.

A memorandum of understanding signed yesterday raised the possibility of China buying rice from Thailand, but did not say how much or at what price.

While the Thai government said separately that 10 Chinese companies had signed contracts to buy 260,000 tonnes of rice for 6.2 billion baht (US$603 million), those deals are not expected to make a dent in Thailand's stockpile of 14 million tonnes.

The Thai government has been stuck with a surplus of rice since it promised farmers more than 50 per cent above the market price for their grains, a move meant to raise their incomes.

Rice exports have collapsed as Thai companies could not find buyers for the overpriced grain. The scheme also risks causing public debt to balloon to an unsustainable sum.

Wen's Bangkok visit comes just two days after the high-profile layover of United States President Barack Obama, who made Thailand the first stop of a three-nation tour designed to refocus American attention on Asia.

The visit - the first overseas trip undertaken by the recently re-elected leader - highlighted the growing rivalry between China and the US for influence over fast-growing Southeast Asia.

Wen's reception was noticeably more subdued, although, like Obama, he was granted an audience with the revered King Bhumibol Adulyadej at Siriraj Hospital - where the monarch is staying - as well as a meeting with Privy Council president Prem Tinsulanonda.

He also opened a Chinese cultural centre in Bangkok.

At a lunch hosted by Thai Prime Minister Yingluck Shinawatra yesterday, the Chinese leader said in Mandarin: "We are one family. We have deep and close relations."

Thailand, while being a long-time treaty ally with the US, has considerable economic, cultural and military links with China. Its trade with China, at US$64.7 billion, surpasses that with the US and is expected to grow.

Thailand, which is not locked in territorial disputes in the South China Sea, is valued by China for the bridging role it plays between Asean and Beijing, said Dr Xu Liping, a Southeast Asian studies scholar at the Chinese Academy of Social Sciences. "It is neutral, so it can bridge ties for China."

Meanwhile, China plays a major role in infrastructure projects in the Mekong region.

A Chinese state-run bank recently approved a US$7 billion loan for Laos to build a new railway linking it to China.

Yesterday, the Thai authorities said China had also expressed interest in getting involved in a high-speed railway project being planned in Thailand. One of the proposed routes will link Thailand to southern China via Laos.

Although details of the project tender have yet to be released, the new line, if it is built, is expected to give Thailand's ageing railway a significant boost.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories    23 November 2012   Subsribe Now !
• 21st Asean Summit ends with compromise over sea dispute   Subcribe: Asean Affairs Global Magazine
• Obama to 21st Asean Summit: No reason for any escalation in sea dispute Asean Affairs Premium
• US, Brunei, Indonesia propose sustainable energy partnership
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• 5 nations support Philippines' position on sea dispute
• Asean urged to mobilise private sector for connectivity master plan  
• China pledges leading role to fight climate change
• Thailand, China rice deal takes effect  
• New Zealand provides $163,000 for Cambodia's Khmer Rouge tribunal  
• China’s PM Wen says, Thailand, China are one family  
Asean Analysis              23 November 2012 
Advertise Your Brand
• Asean Analysis- November 23, 2012  
• Asean Weekly-  November 23, 2012 Sponsor Our Events

Asean Stock Watch      November 22,  2012,  

• Asean Stock Watch- November 22, 2012 

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand