Southeast Asia's local industries struggle with influx of Chinese imports

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Southeast Asia's local industries struggle with influx of Chinese imports - Business Standard

Quick Summary:

The surge in Chinese goods is supported by the vast ecommerce market, along with newly constructed railways and improved ports that enhance logistical efficiency.

Last week, Thailand’s Commerce Minister Pichai Naripthaphan committed to addressing the issue of illegal imports and supporting local businesses that are struggling against a wave of low-priced competition.

In Southeast Asia, a flood of inexpensive Chinese imports is overwhelming local industries, causing widespread devastation and unemployment.