Thai exports to China facing another fall
China’s economic slowdown continues to hurt Thai exports, with shipments to the country expected to contract for the third straight year in 2016.
Aat Pisanwanich, director of the Center for International Trade Studies under the University of the Thai Chamber of Commerce (UTCC), said Thai exports to China will remain in the red this year, down 1.1% to US$23.47 billion. Exports to China will make up 10.8% of Thailand’s total shipments this year, down from 11.1% in 2015.
