Chinese capital dominates the city, Thai SMEs are hurting hard, what is the government doing? KEY M

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THE STANDARD

Published on Feb 24, 2023
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The influx of Chinese businesses into Thailand has become a national agenda, as local entrepreneurs have complained that Chinese investors have rented buildings to open businesses to compete with Thais. Some of them are able to open shops with only tourist visas, sell their products at discounted prices, and reap full profits back to their own countries because they do not have to pay taxes like Thai entrepreneurs. At this time, the government is being heavily questioned as to what the relevant agencies are doing that has allowed the Chinese to illegally set up businesses for so many years, and with each passing day, it seems to be getting worse. Let’s understand together when the influx of Chinese capital began, what impact it has had on Thais, and why Chinese capital, regardless of color, is more frightening than capital from other countries. Story: Suthamas Twinan, Natthanicha Charoenphon Edited by: Supa-at Mansingh Time Index 00:00 Introduce 01:24 'Huai Khwang', a new home for the Chinese 06:47 New China versus Old China 15:06 New Wine in Old Bottles 17:58 Why is Chinese capital more affected than other countries? –– ...

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