3 ms·
Fully agree that there is endless history inter and intra asia. As a 1st gen asian american let me assure you I am familiar with that reality. This is 2019 Tha
by pempem 5y ago
Fully agree that there is endless history inter and intra asia. As a 1st gen asian american let me assure you I am familiar with that reality.
This is 2019 Thailand:
According to a BoI report, investment applications from Chinese projects in the first nine months of this year amounted to 45 billion baht, up 100% from the same period last year, mainly from the rubber industry and tyre manufacturing.
Thailand advanced six notches to 21st out of 190 countries in the World Bank's 2020 Ease of Doing Business (EODB) rankings.
- https://www.bangkokpost.com/business/1782899/chinese-factory-applications-to-rise https://www.bangkokpost.com/business/1782899/chinese-factory...
This is Malaysia in 2016:
China is pouring huge money into Malaysia and most people have yet to bat an eye on the significance of this huge impact.
In times of trouble, who is it that comes to support Malaysia? It is the Chinese.
“This has led to Malaysia’s foreign bond holdings going back up to over 50% and also gave our ringgit some form of stability,” says Astramina Advisory Sdn Bhd managing director Wong Muh Rong.
- https://archive.is/Ipbnu#selection-2839.0-2839.191 https://archive.is/Ipbnu#selection-2839.0-2839.191
The reason for pulling old quotes is to show that this is a trend that has continued forward. I'd be happy to be wrong.