Passengers of AirAsia X flight XJ761 from Shanghai, China were greeted on arrival by officials at Suvarnabhumi airport on Sept 25. (Photo: Wichan Charoenkiatpakul)
Analysts are expressing concerns over China’s weakening economy, saying the mainland’s slowdown and rising US-China tension could impact Thailand on exports, tourism, direct investment and property.
China’s economy expanded by 4.5% in the first quarter, beating estimates. However, it has decelerated since, with investment, consumption and export tallies deemed disappointing.
In the first nine months this year, China’s GDP grew by about 5.2%, meaning it only…
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