Krungsri Research：2025年贸易战2.0：中国商品涌入与泰国的风险报告（英文版）

Thailand has been facing a surge of Chinese goods since the trade war 1.0 (2018–2020) after China’s exports to the US declined and China redirected its exports to other countries, particularly Thailand and ASEAN. Meanwhile, the worsening excess supply in China’s manufacturing sector following COVID-19 has pressured China to accelerate exports to global markets, further aggravating the influx of Chinese goods into the Thai market in recent years. Looking ahead, the renewed trade conflict betwe