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China pledges to help Thailand clamp down on illicit businesses

China pledges to help Thailand clamp down on illicit businesses

20 Sept 05:02 Key points summarised by AI
  • China commits to assisting Thailand in its efforts to crack down on illegal Chinese-run businesses operating within the Kingdom.
  • The Chinese Ambassador cautions against overstating the issue, warning that it could negatively impact Chinese investor confidence and business operations in Thailand.
  • Thai Prime Minister Anutin Charnvirakul and Chinese President Xi Jinping discussed the matter, agreeing to sign a Memorandum of Understanding (MoU) for exchanging financial transaction information to prevent transnational crime.
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