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Southeast Asia

Chinese Tourists Spur Thai Mall's $330 Million Expansion Bet

Chinese Tourists Spur Thai Mall's $330 Million Expansion Bet

The Platinum Group Pcl, whose wholesale fashion mall in Bangkok attracts about 15 million people yearly, expects booming Chinese tourism to support it...

Alibaba Invests $1 Billion In E-Commerce Platform Lazada

Chinese online marketplace Alibaba has announced that it is investing approximately $1 billion to increase its majority stake in the Lazada group, from 51%...