A Thai-Chinese steel company, Xin Ke Yuan Steel, is under investigation following the collapse of a high-rise building in Bangkok after a significant earthquake. The building was the only one in the Thai capital to completely collapse during the disaster, prompting scrutiny over safety standards and the construction practices of involved contractors. Authorities arrested a Chinese executive from China Railway No. 10 Engineering Group amidst allegations of illegal business operations. Investigations also include potential quality issues with construction materials and possible fraudulent activity involving local Thai contractors.
Authorities are probing Xin Ke Yuan Steel and another Chinese contractor involved in the construction to find out why the building crumbled following a quake...
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