Tariffs are among the hotly debated issues in the United States Presidential election this year. Donald Trump has said that if elected, he will...
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Bangkok — China has defended itself against accusations that it is flooding the Thai market with cheap goods and hurting local businesses. In a post on its official Facebook account on September 4, the Chinese Embassy in Thailand called trade between the two countries “mutually beneficial.” “Nearly 80% of the goods Thailand imports from China are capital goods and semi-finished goods used for production and value-added before export,” the statement said. Most of the so-called cheap goods “are products used in daily life, food, health products, clothing, accessories, etc., which account for less than 10% of the total value of goods imported from China,” the statement added. The statement came after Thailand announced new measures to combat an influx of cheap Chinese imports that threaten its manufacturing sector. The Bangkok Post newspaper reported on Aug. 28 that Thailand’s deputy prime minister and commerce minister, Phumtham Wechayachai, said the government would set up a 28-agency task force that would meet every two weeks to review and revise regulations to curb the threat of cheap Chinese imports to Thailand’s already weak economy. The Federation of Thai Industries has previously warned that cheap Chinese goods could cause a “tsunami” in Thailand and the …
Tariffs are among the hotly debated issues in the United States Presidential election this year. Donald Trump has said that if elected, he will...
By Alex Willemyns Ahead of November’s U.S. presidential election, trade with China has emerged as a major area of policy disagreement between...
The Biden administration is cracking down on cheap products sold out of China by companies such as Temu and Shein by saying that companies are no...
The Biden administration is cracking down on cheap products sold out of China by companies such as Temu and Shein by saying that companies are no...
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By Vance Ginn Tariffs, often promoted as a tool to protect American jobs and industries, are a hidden tax that disproportionately burdens...
By Prem Singh Gill and Cain Hillier In September 2023, embattled former Thai prime minister Srettha Thavisin and a cadre of ministers...
China's strategic muscle-flexing is not limited to its expansive maritime claims and vigorous infrastructure exports; Chinese entities has also been...