Australia accuses China of undermining world trade

13 Sept 14:23 Key points summarised by AI

Australia publicly denounced China at the WTO, accusing Beijing of undermining global trade rules and failing to deliver on promised economic reforms.
Canberra highlighted China's politically motivated sanctions on a growing list of Australian exports, including recent additions like dairy and infant formula.
Australia warned that China's actions create a "growing gap between rhetoric and actions," weakening the multilateral trading system.
Experts interpret China's trade restrictions as a clear message to countries across the Pacific: challenging Beijing politically incurs significant economic consequences.

New home loan scheme aims to boost property sector with Bt125 billion

Yesterday 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.