Photo: AFP/Ludovic Marin
Eurasia
26/11/2023 09:50
AWS plans to build a data centre with a budget of $5 billion over 15 years, the government said in a separate statement.
"The prime minister is confident that AWS' investment will enhance the country's competitiveness," said Chai, adding Microsoft and Google were also studying investment plans for large data centres in Thailand.
The Chinese president is meeting with the leaders of five Central Asian states. The region's role is becoming increasingly important, so it is no surprise that a geopolitical race has begun.
As Washington aims to decrease its trade deficit and strengthen domestic production, global value chains are facing new pressures to restructure. This change poses significant challenges for both European and Chinese producers as the flow of decade-long input and final good channels is disrupted. Is this a new opportunity for the two economic zones to further strengthen their relationship thereby mitigating some of the negative effects of US trade policy?