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Tuesday, May 14, 2024

Bangkok Post – Beating back the influx of cheap goods

Imported Chinese products have caused some local manufacturers to reduce production by 50%, according to the Federation of Thai Industries.

State agencies and organisations are seeking ways to stem the flood of cheap Chinese products into Thai markets, especially via e-commerce platforms, as the influx has damaged small local producers of household goods.

Recently Prime Minister Srettha Thavisin urged the Revenue and Customs departments to speed up efforts to curb the deluge of cheap goods.

The premier also urged all related agencies to keep an eye on customs declarations, as there have been several incidents in which…

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