JSCCIB to discuss Chinese goods influx and revise Thai economic forecasts

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is preparing to discuss new economic challenges such as the influx of Chinese merchandise. The committee aims to formulate a fresh economic proposal for the Srettha Thavisin Pheu Thai Party-led government.

The subjects are set to be discussed in the committee’s today’s meeting. The JSCCIB intends to confer with the new administration on strategies to combat these economic issues and how the government can provide more efficient support to the business sector, said Kriengkrai Thiennukul, Chairman of the Federation of Thai Industries (FTI), a principal member of the JSCCIB.

“We are keen to include the issue of Chinese goods inflow in the proposal since an increase in imports could impact local businesses, primarily small and medium-sized enterprises.”

Kriengkrai…