Online trade with China beckons
Beijing the only large economy to grow in 2020
China has bounced back economically from the pandemic, with an upsurge in trade with Thailand last year, opening the door for Thai producers struggling with low demand elsewhere to pivot towards the mainland, particularly via e-commerce, say officials and trade networks.
Pongsak Laoswatchaikul, a planning and policy analyst at the Industry Ministry’s Office of Industrial Economics, said Thai-Chinese trade has surged to almost US$70 billion a year and the government has a target of $120 billion on the radar.
“China is the…
