Thailand expects to expand exports to China: Deputy PM

[webfact]

video screenshot

 

Source: Xinhua, Editor: huaxia

 

BANGKOK (Xinhua) -- Thailand's Deputy Prime Minister and Commerce Minister Jurin Laksanavisit said his country hoped to further expand exports to China building on solid bilateral trade cooperation.

 

   "If we look back at the 10-year trend between Thailand and China, when we look at trade values, it has been going up," Jurin told Xinhua in an interview, saying that "in addition to increasing the bilateral trade values between our two countries, we hope to reduce the trade deficit."

 

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   Jurin said Thailand and China have strong and prosperous relations for a long time, with the two countries sharing broad partnerships in diplomatic and economic relations.

 

Full story: http://www.news.cn/english/20220401/0edeaf42824b447a8ecd6878016b889e/c.html

 

-- © Copyright Xinhua 2022-04-02

 

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[RandiRona]

Export of what?? CCP is bringing their railroad to Thailand and will start dumping their stuff in Thailand soon...it is one way road as far as CCP is concerned.

 

 

[John Drake]

Story from xinhua.

[vandeventer]

2 hours ago, RandiRona said:

Export of what?? CCP is bringing their railroad to Thailand and will start dumping their stuff in Thailand soon...it is one way road as far as CCP is concerned.

 

 

China may need a lot of things soon as a lot of their exports may be going to Russia.

[jacko45k]

5 minutes ago, vandeventer said:

China may need a lot of things soon as a lot of their exports may be going to Russia.

I expect it will become a route for many goods into Russia......

[hotchilli]

4 hours ago, webfact said:

Thailand's Deputy Prime Minister and Commerce Minister Jurin Laksanavisit said his country hoped to further expand exports to China building on solid bilateral trade cooperation.

Of course they will.

[RichardColeman]

4 hours ago, webfact said:

Thailand's Deputy Prime Minister and Commerce Minister Jurin Laksanavisit said his country hoped to further expand exports to China building on solid bilateral trade cooperation.

If they can make Submarine engines, then they are on to a winner

[Eric Loh]

Trade deficit with China worsened since 2010 from 0.9% of GDP to 4% of GDP in 2019 (data best represented before pandemic). The government has 10 years to intervene with solutions to counter this worsening gap and sadly not much has been done except lip service. I squarely put the blame on the inept junta government with a cabinet of inexperienced and untalented ministers lead by a clueless Prime Minister. 
 

China is a not a low wage country with a per capita income higher than Thailand. In other words, Chinese human capital cost is 31.5% higher than Thailand. So is the Chinese manufacturers 31.5% more efficient or Thailand manufacturers 31.5% less efficient. The data is clear that this government has not taken much effort to address the widening trade gap or they just clueless. Hate or love him, Thailand do need someone like Thaksin. 

 

Edited April 2, 2022 by Eric Loh
Wrong word

[Pedrogaz]

Yup, Thailand and hundreds of other countries....meanwhile the housing sector in China is going bankrupt. Good luck. China has its own industry making low quality products.

[zzaa09]

10 hours ago, John Drake said:

Story from xinhua.

As opposed to any other establishment media source [anywhere] with a particular agenda and bias.

[mikebell]

On 4/2/2022 at 7:40 AM, RichardColeman said:

If they can make Submarine engines

that don't need oiling or servicing for ten years and allows the driver to have micro-sleeps at the wheel.