BANGKOK — Thailand delayed on Monday its $724 million purchase of two submarines from China, following public outrage over the controversial deal as the kingdom’s economy flatlines due to the coronavirus pandemic.
Under a 2015 deal, Thailand was one of the first countries to buy Chinese naval hardware and finalized its purchase of three submarines in 2017, with the first one expected to be delivered in 2023.
An order for two more for 22.5 billion baht ($723.9 million) was approved earlier this month by a parliamentary sub-committee — a move which drew public outcry as Thailand struggles with a freefalling economy.
Angry Thais took to social media to criticize the deal, an…
Keep on reading: Thailand delays $724M China submarine deal after public anger