Post by account_disabled on Jan 3, 2024 4:04:14 GMT
How to survive the trade war Thailand maintains export base in ASEAN-CLMV 1 year has passed since the trade war between the superpowers China and the United States. From the important reason that "the United States" aims to block the spread of Chinese influence that is encroaching on ASEAN. Through the new Silk Road or One Belt One Road because if China succeeds, it can connect economic resources. Diplomatic influence economic relations Cultural Influence Resources It is estimated that China's economy (GDP) will be larger than the United States within 10 years and become the center of the world economy. And most importantly, China announced the policy "Made in China 2025" to develop the country with cutting-edge industries including robotics, aviation, IT, rail systems, energy, electric cars, medical equipment.
Agricultural machinery, sea B2B Email List navigation, new materials will turn China into a winged dragon. For this reason, the "United States" has set up tariffs to block Chinese products. Total value of more than 200,000 million dollars. The aftermath is Exports from both countries "declined," with US exports to China down 38%, Chinese exports to the US down 13%, and trade value down $20 billion. It spread to other trade wars, such as Japan-Korea. TDRI recommends accelerating FTA Dr. Somkiat Tangkitwanit The president of the Thailand Development Research Institute (TDRI) revealed the information at a seminar. “Thailand's survival in the trade war” that TDRI organized together with the Ministry of Foreign Affairs said The trade war will be prolonged and affect the global economy and supply chains. Therefore, the Thai government will reduce its reliance on the Chinese market. and diversify risk by strengthening relations with ASEAN, especially CLMV, ensuring access to main markets for investment as well.
Eastern Special Development Zone (EEC) as well as expanding various free trade agreements such as the Regional Strategic Partnership (RCEP), the Comprehensive and Progressive Agreement for the Pacific Economic Partnership, CPTPP, the Thai-EU Free Trade Agreement (Thai-EU FTA), Upgrading the Thailand-Japan Strategic Economic Partnership Agreement (JTEPA) to cope with change and distribute costs and benefits fairly. Trade war - investment opportunities However, on the other side, the trade war is considered an opportunity for exports to these two countries to increase. When the Chinese economy grew slower and was attacked and there was a relocation of the automotive industry base.
Agricultural machinery, sea B2B Email List navigation, new materials will turn China into a winged dragon. For this reason, the "United States" has set up tariffs to block Chinese products. Total value of more than 200,000 million dollars. The aftermath is Exports from both countries "declined," with US exports to China down 38%, Chinese exports to the US down 13%, and trade value down $20 billion. It spread to other trade wars, such as Japan-Korea. TDRI recommends accelerating FTA Dr. Somkiat Tangkitwanit The president of the Thailand Development Research Institute (TDRI) revealed the information at a seminar. “Thailand's survival in the trade war” that TDRI organized together with the Ministry of Foreign Affairs said The trade war will be prolonged and affect the global economy and supply chains. Therefore, the Thai government will reduce its reliance on the Chinese market. and diversify risk by strengthening relations with ASEAN, especially CLMV, ensuring access to main markets for investment as well.
Eastern Special Development Zone (EEC) as well as expanding various free trade agreements such as the Regional Strategic Partnership (RCEP), the Comprehensive and Progressive Agreement for the Pacific Economic Partnership, CPTPP, the Thai-EU Free Trade Agreement (Thai-EU FTA), Upgrading the Thailand-Japan Strategic Economic Partnership Agreement (JTEPA) to cope with change and distribute costs and benefits fairly. Trade war - investment opportunities However, on the other side, the trade war is considered an opportunity for exports to these two countries to increase. When the Chinese economy grew slower and was attacked and there was a relocation of the automotive industry base.