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Thailand should embrace trade opportunities with China rather than follow Indonesia’s lead in banning the Chinese e-commerce platform TEMU, say experts.

 

In light of Indonesia’s recent decision to prohibit the TEMU application, the International Institute for Trade and Development (ITD) voiced its opposition to a similar move by Thailand. Wimol Pankong, Deputy Director (Academic) of ITD, urged the Thai government to pursue a more balanced approach focused on establishing rigorous standards rather than outright bans.

 

“I believe that Thailand and China can create trade opportunities together.”


Wimol explained that Thailand’s smaller population makes it unwise to emulate Indonesia’s stringent measures. Instead, he emphasised the need for a free trade environment, highlighting the substantial trade relationship between Thailand and China. He noted that China provides favourable conditions for Thai products, allowing tax-free exports at specific thresholds, which could significantly benefit local businesses.

 

There is a growing demand for Thai food products among Chinese consumers, and Wimol encouraged Thai entrepreneurs to tailor their goods to effectively target this market. With the potential for Thai soft power to penetrate the Chinese market, he remains optimistic about the possibilities that lie ahead.

 

Moreover, Wimol reassured that banning TEMU would be counterproductive, especially considering the Chinese ambassador’s commitment to working with the platform to ensure compliance with Thai regulations. These regulations require that foreign products meet local standards, allowing for a collaborative approach that could foster stronger trade ties, reported The Nation.

 

By Puntid Tantivangphaisal

Photo courtesy of The Nation

 

Source: The Thaiger

-- 2024-10-10

 

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Posted

 Thailand should embrace trade opportunities with China rather than follow Indonesia’s lead in banning the Chinese e-commerce platform TEMU, say experts.

 

Experts?.....maybe Michael Gove was correct.

 

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Posted
12 hours ago, snoop1130 said:

“I believe that Thailand and China can create trade opportunities together.”

Trade opportunities go both ways, you can't have it then bitch about imports.

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Posted

Personally I will never ever buy anything on Temu! It was reported when the app is downloaded they have access to your device data and bank records. Whether this is true or not, I will not risk it, not for all the free sockets they offer me! 

  • Agree 2
Posted

The Thais are too weak, they are being invaded by the Peking scum and they don't even know it.

 

I wouldn't buy a single thing of chinese crap on temu.

 

The so called hub of incompetence, head in the sand politics, serial complaints against the government, coup d'etats, corruption, clueless police the list of hubs goes on and on 

  • Agree 2
Posted

I have read some reviews of TEMU on an Australian website - overall, very bad reviews.   Poor quality products and products not matching TEMU's pictures.

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