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What China’s Slowdown Means for Thailand
For decades, China’s economic growth was tremendous. But now the nation is seeing a significant slowdown, with consequences for the rest of the world, including other countries, companies, and you. Slower growth in China has implications beyond its borders.
China’s economic slowdown has sent ripples through Thailand, with the two nations sharing close economic ties and geographical proximity.
The decrease in Chinese investment and tourism has hit Thailand’s economy hard, particularly in sectors like hospitality and real estate. The drop in demand for Thai exports to China has also led to a decrease in Thailand’s GDP growth.
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