Thailand's Economy Faces Challenges from China, EV Cars, and Factory Closures
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#38b6d8d0 ver:0.44

Thailand's economy faces challenges from China, EV cars, and factory closures, impacting its manufacturing sector and competitiveness. The country has witnessed nearly 2,000 factory closures due to cheap imports from China and declining industrial competitiveness. The gamble on EV car technology has also led to plunging sales in the automotive sector. Thailand's economy is projected to grow only about 2.5% this year, leaving Prime Minister Srettha Thavisin struggling to fulfill his promise of 5% GDP growth. #Thailand #China #EVcars #manufacturing #economy...

#newstr #Thailand #Economy #China #EvCars #FactoryClosures 

 https://here.news/story/38b6d8d0?ver=0.44