Prepare the Rice: If serving the chicken over rice, begin cooking the rice first so it is ready alongside the stir-fry.
Heat the Wok: Place a wok or pan over medium-high heat until heated, then add 1 tablespoon of the avocado or peanut oil.
Cook the Shallots: Add the sliced shallots and stir for 2 minutes, allowing them to soften and begin cooking.
Add Garlic and Chilies: Stir in the chopped garlic and sliced chilies, then cook for another 2 minutes, until the shallots are lightly browned around the edges.
Set Aside the Aromatics: Transfer the cooked shallot, garlic, and chili mixture to a bowl and set aside.
Brown the Chicken: Without cleaning the wok or pan, add the remaining 1 tablespoon of oil and increase the heat to high. Add the ground chicken, black pepper, and salt, then stir-fry for a couple of minutes until the chicken is cooked through and beginning to brown. Season the Chicken: Sprinkle the coconut sugar over the cooked chicken, then add the soy sauce and fish sauce. Stir thoroughly until the seasonings are incorporated. Add the Bell Pepper: Add the bite-sized red bell pepper strips along with the reserved shallot mixture. Cook for about 1 minute, just long enough to warm everything while keeping the peppers tender-crisp. Finish with Basil: Add the basil leaves, then immediately turn off the heat and stir them through the hot chicken mixture.
Serve: Spoon the Thai basil chicken over jasmine rice and add more soy sauce to taste, if desired.