Influx of Chinese goods a key concern
The Federation of Thai Industries (FTI) is gripped with a fresh worry over the influx of inexpensive Chinese goods following China’s reopening, though Beijing’s policy is good for the tourism sector.
Thailand will barely compete in the international trade arena because enterpreneurs currently cannot control production costs due to higher energy bills and wages than those in China, said Kriengkrai Thiennukul, chairman of the FTI.
“The Chinese are seeking markets for their products. The country will increase exports after its reopening in order to…