THAILAND: Suppliers Gear Up For Chinese Competition
With China poised to join the World Trade Organisation (WTO), the Thai regional economy is preparing itself for a flood of fierce Chinese competition. Whilst economies such as Singapore and Malaysia have initiated policies to help combat the expected influx of Chinese product, many Thai clothing manufacturers and exporters are undergoing radical restructuring to help guarantee market share. Some have been expanding into China's coastal areas for the past 10 years, whilst retaining their Thailand presence.
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