China will now double its purchase of Thai farm, ink $10.6 bn Thai railway pact

China and Thailand signed a memorandum of understanding (MoU) on railway cooperation in Bangkok to boost connectivity in the Asian economy. Following a bilateral meeting, Chinese Premier Li Keqiang and Thai Prime Minister Prayut Chan-o-cha witnessed the signing ceremony at the Thai Government House on Friday. The project is estimated to cost some $10.6 billion. [ READ MORE ]