For property mogul turned Thai Prime Minister Srettha Thavisin, the success of his diplomacy with China holds significant weight for his personal political fortunes, says Thai scholar Prem Singh Gill.
Thailand Prime Minister Srettha Thavisin met with Chinese President Xi Jinping during the former's official visit to China in October. has actively worked to strengthen relations with China. One of his early key meetings was with the Chinese ambassador, establishing the groundwork for subsequent diplomatic engagements to bring the two nations closer.in September.
The positive aspects of this close relationship with China are clear. Chinese investments in Thailand's green initiatives can significantly speed up the country's transition to a more sustainable and eco-friendly economy, reducing carbon emissions and preserving Thailand's natural beauty and resources.
Mr Srettha has made it clear that Thailand’s economy needs a significant boost to increase growth, alleviate household debt and improve livelihoods. TheChina's economy is also under pressure, with a range of challenges from a property crisis, high youth unemployment and US-China tensions over trade. Its own economic slowdown might hinder its ability to invest as robustly as anticipated.
The first two months of his prime ministership has been rocky. Earlier this month, he had to navigate the tragedy of aHe has also drawn flak from opposition lawmakers for having an “aimless” economic agenda, and is facing mounting pressure over a US$15 billion “digital wallet” economic programme to hand outAligning himself with a major global power like China, especially on environmentally conscious initiatives, may enhance his image and popularity at home.
During his trip to China, Mr Srettha went all out to woo big investors, meeting representatives of major Chinese firms such as Alibaba Group, Xiaomi and Ping An.
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