Thai entrepreneurs are being urged to closely monitor the US-China technology war as it is expected to intensify this year, warns the Commerce Ministry’s planning unit.
Manufacturers of electrical appliances, electronics and automobiles are particularly urged to follow the trade disputes.
Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office, said US-China trade spats and the retaliatory measures which have been implemented since 2018 are likely to become more intense and cover other areas, especially in technology which is related to economic stability and the relationship between the two countries.
“The office has studied and evaluated that intensified competition and technological polarisation between China and the US, which has a high opportunity…
