Positive News about the Rest of South East Asia’s Relations with China, September 10, 2023

A Montage of Positive News of other SEA Countries with China

Indonesia is now a favorite Destination of Chinese Tourists and has now formed a Task Force to intensify their De-Dollarization Efforts; The First Phase of the China-Thailand Railway is now one-fourth complete while Chinese Troops have arrived in Thailand for a Joint Naval Training; And a Chinese Computer Company is investing Usd 366 million in Malaysia in this Installment of the South East Asia’s Relations with China Series - “Positive News about the Rest of South East Asia’s Relations with China, September 10, 2023”

 

* August 28, 2023: Indonesia has become a favorite Destination of Chinese Tourists after they recently topped the List of International Visitors to that Country. Chinese Tourists find Indonesia affordable, and usually visits their Beaches, Forests and Mountains. Another top Attraction for these Tourists are the Chinatown in the Indonesia’s Capital, Jakarta: https://news.cgtn.com/news/2023-08-28/VHJhbnNjcmlwdDc0MjY1/index.html

* August 30, 2023: The first Phase of the China-Thailand Railway Line is now 24% complete and is expected to be completed and in operation by 2027. This Phase from Bangkok to Nakon Ratchasima costs Usd 5.1 billion to construct and is 253 km long. The entire China-Thailand Railway once completed will be 608 km long and will run from Bangkok to Nong Kai which is right on the Border with Laos. From there it will be connected to the China-Laos Railway Line in Vientiane: https://www.globalconstructionreview.com/first-phase-of-thai-china-railway-to-be-complete-in-2027/

* August 31, 2023: Chinese Troops has arrived in Thailand to take part in the “Blue Strike 2023” Joint Naval Training with Thai Forces. The Training will cover Areas such as Sniper Tactics, Jungle Survival, Maritime Search and Rescue and Cross-Deck Helicopter Landing. The Training aims to improve coordination between the Forces of both Countries to address Regional Security Threats: https://english.news.cn/20230831/b18e1423de2b4d5cb66806197cd2cf7b/c.html

* September 1, 2023: The Chinese Company "xFusion International Private Limited" which manufactures Servers and other Computer Equipment has chosen Penang, Malaysia to be the Site of their Global Supply Center and plans to invest there up to Usd 366 million over the next three Years. Once completed, the Center will be able to produce up to 150,000 Servers and Equipment per Year: https://www.digitalnewsasia.com/business/chinas-xfusion-invest-us366m-over-3-years-penang

* September 7, 2023: Indonesia getting really serious with their De-Dollarization Efforts as they have now formed a Task Force to focus on doing it which is composed of their Central Bank, the Deposit Insurance Corporation and several Ministries. Indonesia already as of now conducts business only using its local Currency with Countries like China, Japan, Malaysia and Thailand, and targets to do the same with Singapore by the end of this Year of 2023: https://www.aseanbriefing.com/news/indonesia-introduces-de-dollarization-task-force/

SOURCES: 

* China Tourism: Indonesia becomes favored Destination of Chinese Tourists {Archived Link}

* China, Thailand to hold "Blue Strike 2023" Joint Naval Training {Archived Link}

* China’s xFusion to invest US$366m over 3 Years in Penang {Archived Link}

* First Phase of Thai-China Railway to be complete in 2027 {Archived Link}

* Indonesia Introduces De-Dollarization Task Force {Archived Link}

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