By Prachatai |
Caught in the middle of a trade war between the US and China, Thailand is becoming a new manufacturing base for Chinese companies, especially in technology. Meanwhile, Thai SMEs are facing an influx of cheaper Chinese goods, leading to concerns that Thailand will face a worsening trade deficit with China and will not be able to compete in the world market.
By Veerayooth Kanchoochat |
<div style="text-align: center;"><img alt="" src="https://62e528761d0685343e1c-f3d1b99a743ffa4142d9d7f1978d9686.ssl.cf2.rackcdn.com/files/142881/width926/image-20161024-28409-114n5bi.jpg" style="width: 640px; height: 426px;" /></div>
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<div style="text-align: center;"><span style="color:#ff8c00;">Under military rule, social order is attained at the expense of economic growth while elected governments usually lead to political turmoil.
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