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Biblical Entrepreneurship

China’s Neighbor Cracks Down on Flood of Cheap Imports [Video]

The Thai government has set out to stem the flow of cheap Chinese goods into the Southeast Asian country.

After a weekly Cabinet meeting on Tuesday, now-ousted Thai Prime Minister Strettha Thavisin said the commerce ministry would spearhead the effort, local media reported.

China is Thailand’s largest trade partner, with bilateral trade reaching $135 billion last year. However, the influx of Chinese goods into the kingdom and other countries in the region has led to concerns over the impact on domestic markets and spurred governments to action.

Thailand’s commerce authorities have been tasked with working alongside other government ministries and departments and the Royal Thai Police to draw up a list of measures by the end of the month, with the aim of boosting the competitiveness of local small businesses.

File photo of the Rot Fai night market in Bangkok, Thailand. The Thai government has set out to stem the flow of cheap Chinese goods into the countryGetty Images

Government spokesperson Chai Wacharonke said the …

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