Commerce Ministry slashes 2014 export target
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The Commerce Ministry has slashed its 2014 export target to only 3.5 per cent from 5 per cent, as the global economy faces a long and rocky road to recovery, particularly in China, which swallows up some 10 per cent of Thai shipments and is also a major s
“The global economic recovery remains uncertain. In particular, the slowdown of China’s economy has created a domino effect on Thai shipments. This would affect Thailand’s exports to many countries, including Asean, our single largest overseas market,” Permanent Secretary Srirat Rastapana said Thursday.
The Nation
