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Saturday, April 20, 2024

FTI frets over China

Influx of Chinese goods a key concern

A shipment container is loaded onto a truck at the Laem Chabang port in Chon Buri province. (Photo: Apichart Jinakul)

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…

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