THAILAND PM SUPPORTS DELAY OF PURCHASE OF COSTLY SUBMARINES FROM CHINA AMID ECONOMIC FALL

HIGHLIGHTS

• Thailand deferred the purchase of a controversial deal of two submarines from mainland China on Monday (Aug 31).

The deal worth US$724 million was held over the public outrage as the kingdom observes the economic downfall.

Under a 2015 arrangement, Thailand was one of the primary nations to purchase Chinese maritime equipment and finished its acquisition of three submari....