TRADE WAR: Supachai seeks focus on SMEs amid uncertainties - News Summed Up

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TRADE WAR: Supachai seeks focus on SMEs amid uncertainties


Uncertainty from the trade war ties in with how finance remains under-regulated even 10 years after the 2008 financial crisis. Uncertainty as a result of the ongoing trade war affects investments, as investors lose confidence and capital starts to flow out of the market, she said. However, countries in the Asia-Pacific are relatively well prepared to deal with the impacts of the ongoing trade war. It said that Malaysia, Thailand and Vietnam would benefit from the trade war as they could produce and export goods similar to those made by China. Supachai, however, warned that increasing the volume of trade alone would not help Thailand prepare for the impacts of the trade war.


Source: The Nation Bangkok September 26, 2018 18:00 UTC



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