Saturday, January 1, 2011

2010 September Thailand on China's export value to a record high

2010 September, Thailand on China's export value reached $ 18.983, invasive monthly record high, year on year increases in the rate from August 22.2% 29.3%, Thailand on China trade deficit was reduced to 6 months minimum, shows September Thailand exports to China and China's economic indicators such as production and consumption trends, does not appear as a serious concern in advance.

However, the Thai farmers Research Center believes that Thailand exporter must pay close attention to could export to Thailand on its impact on future economic developments in China, that is, if China's inflation rate continued to rise and the world economic slowdown, the Chinese Government is the adjustment of economic policy; and if the local government cannot redeem bonds may cause future debt risk, although the Chinese Central Government will intervene as in the past, but may result in some regions of China's economic growth capacity declined.

Thai farmers Research Center is expected in 2010 as Thailand's export growth of approximately 30%, 2011 by a slight increase at a slower rate of growth may be 10-20%. However, as the dollar remained weak, Thailand exporter is closely tracking may rise again in commodity prices, thus helping to stimulate agricultural exports part of Thailand, as used in the production of alternative energy sources of cassava, rubber and rubber products, etc., and may contribute to Thailand on China's export growth is greater than expected.

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