Thailand is being colonized by foreign investors

[daydreamer]

"Colonized" refers to a territory, people, or place that has been taken over, settled, or subjected to control by a foreign nation, often through political, economic, or physical force.

Thais are proud to say that their country is the only one in Southeast Asia that was never colonized.  Unfortunately, it is being colonized today, not through battles with a foreign power, but by a shrewd and ruthless economic takeover by Chinese investors.  

We first heard of "zero dollar tours" being conducted in Thailand about 25 years ago, completely organized and run by Chinese companies, with the profits going to China, and not benefiting Thai owned businesses with even one baht per visitor.  

Now Chinese investors through Thai nominees have destroyed Thailand's coconut industry.

The following excellent video from The Nation Thailand explains how Chinese are using Thai nominees to skirt Thai business laws, allowing foreign companies to force Thai owned ventures out of business, and then swoop in and purchase the assets for pennies on the dollar. 

 

[Although not specifically a gay topic, many of our forum members who live in or visit Thailand will likely find this video interesting, so I included in the gay Thailand forum.]

 

[mima_bk]

It is interesting, but i think it would rather belong to the beer bar. but anyway. china is expanding it's influence all over south east asia. laos is basically a chinese vasall state. thailand may be moving slow on this, but they are moving steady. so it will repell this, as they did with chinese zero dollar tours. and they will eventually deal with indians sleeping on the beach in pattaya.