Thailand to exploit the mini trade war between Taiwan & China

Thailand is looking to exploit the strained relationship between China and Taiwan exacerbated by the visit of Nancy Pelosi to Taipei on Tuesday.

Reports circulating in the media say that China is to embark on a mini-trade war with Taiwan to economically punish them because of Pelosi’s visit, and plans to suspend the import of 35 foodstuff categories from the so-called Chinese province, leaving a gap in the market that Thailand could exploit.

The Thai deputy PM and Commerce Minister, Jurin Laksanawisit, said…

“Thailand isn’t an opportunist, but this would help expand our exportation.”

If media reports are to be believed, over 100 Taiwanese products, including seafood, cooking oil, biscuits, cakes, and instant noodles will be banned.

The Thai deputy PM and Commerce Minister revealed to the media that he had assigned the Department of International Trade…