THAILAND DEAL MORE WITH CHINA

AsiaInfo Services, October, 2001

AsiaInfo Services 10-01-2001 Thailand Deal More with China SHANGHAI, Oct 01, 2001 (AsiaPort via COMTEX) -- Thailand should deal more with China, as more US capital is out-flown to the Chinese economy following terrorist attacks in the United States two weeks ago, the Thai News Agency (TNA) Thursday quoted a leading academic as saying. Anusorn Dharmchai, Director of the Research Department of CITIBANK here said that more capital had been moved from the United States to China since the terrorist attacks against the World Trade Center building in New York and the Pentagon building in Washington. Thai businesses and investors should, therefore, turn to deal more with their Chinese counterparts, as returns to investment were anticipated to be higher and more stable, he...

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