On Tuesday, the Information and Investment ministries in Nay Pyi Taw put forward a cross border trading scheme for use by Thai firms using the Thai baht as a settlement currency. The economic initiative is seen as another move, supported by China on a regional basis, to weaken the strength of the US dollar. It comes as the forces of the Tatmadaw, Myanmar’s feared military, are also believed to have launched a Summer offensive against rebel forces in the war-torn country armed with guns, missiles and aircraft supplied by Russia and China with Beijing using Pakistan as a conduit to supply weaponry to the heavily sanctioned junta.

https://www.thaiexaminer.com/thai-news-foreigners/2022/03/1 ...