Uncertainty over health of US and Chinese economies remains a wild card
The Ministry of Commerce still believes the country’s exports will grow by 1% to 2% this year, a senior official said on Thursday, amid slowing global demand.
The ministry is working closely with the private sector to achieve the goal, permanent secretary Keerati Rushchano told a news conference.
While exports are believed to have bottomed out, there are still uncertainties over the US economy and China’s recovery as well as currency volatility, said Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council (TNSC).
In the…
