Bangkok (VNA), Feb. 16 -- An influx of cheap imports from China is posing a serious threat to Thai manufacturers , according to Thai Kasikorn Research Centre (KResearch).
Last year, Thailand imported consumer products worth 469.5 billion THB (13 billion USD) from China - up 2.8% year-on-year, which accounted for 41% of all imports of consumer products, KResearch said, citing statistics from the Commerce Ministry.
Electrical appliances made up 43.3% of products imported from China, higher than other products that comprised fresh and processed fruits (10%), clothes and shoes (9.3%), furniture and home decorations (9.1%), and kitchenware (9%).
According to a Kresearch study, the Chinese imports have heightened the competition with domestic ...