News Forum - Thai-ing up: China’s industrial trade reshapes Southeast Asia

[Thaiger]

Chinese industrial products are increasingly penetrating the Southeast Asian market, significantly impacting Thailand’s trade dynamics. The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) reports that this influx has diminished Thailand’s market share and contributed to a trade deficit with China amounting to nearly US$20 billion. Chinese online retailer Temu’s recent entry into Thailand … …

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[ChrisS]

As has happened in the West already markets flooded with cheap 'throw away' Chinese rubbish. Pretty soon China will have all of Asia so far in its debt that taking over will merely be a formality.