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Thailand's Trade Gap with China | Thailand News
Thailand’s trade deficit with China has exploded to $55.13 billion, fueled by a 39% surge in Chinese imports—now larger than Thailand’s total trade gap with the rest of the world. While exports and foreign investment in data centers hit record highs, the economy is quietly weakening, with growth forecasts slashed to just 1.5–2%. Thai-Chinese business leaders are demanding more local content from Chinese-backed factories in EVs and electronics, urging the government to ensure foreign capital boosts domestic jobs and supply chains. The Commerce Ministry counters that these imports are driving…
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