An Analysis of Trade Development Status and Prospects between China and Thailand

Last modified: February 24, 2022
Estimated reading time: 2 min
Project Title: An Analysis of Trade Development Status and Prospects between China and Thailand
Author: Wei Wei Song
Advisor: Assoc. Prof. Dr. Jomphong Mongkhonvanit
Degree: Master of Business Administration
Major: International Master of Business Administration
Faculty: Graduate Schools
Academic year: 2017

Citation

Wei, Wei Song. (2017). An analysis of trade development status and prospects between China and Thailand. (Master’s independent study). Bangkok: Siam University.


Abstract

Since the establishment of diplomatic ties between China and Thailand, bilateral trade has developed rapidly, China is now Thailand’s largest trading partner.

Despite the rapid development of China-Thailand trade, there are still many problems, such as the unbalanced trade development between China and Thailand, simple product structure, and etc. Thus, the author takes an analysis of the trade development status and prospect between China and Thailand as the research subject, aims to explore the reasons that affect the development of China-Thailand trade by analyzing the current development status and the development characteristics. Besides, the author will also analyze the development prospects of China-Thailand trade and make recommendations to help the China-Thailand trade more healthy development.

Firstly, this paper briefly introduces the trade background between China and Thailand, and analyzes the environment of trade. Through the comparison of the current situation of trade between China and Thailand, this paper makes a comprehensive evaluation of the current situation of China-Thailand’ foreign trade, which lays an objective foundation for the analysis of the prospects of trade between China and Thailand. Besides, by means of quantitative analysis, comparative analysis and induction, this paper makes an empirical analysis of China-Thailand trade from the aspects of the structure of China-Thailand trade import and export, the bilateral trade volume between China and Thailand, and comprehensive dependence of China-Thailand trade.

In addition, the paper analyzes the favorable and unfavorable factors that affect China-Thailand trade. The favorable factors are regional economic cooperation, RMB settlement of cross-border trade and complementary trade between China and Thailand, which provide business opportunities for the two countries. The unfavorable factors are Thailand’s political and social environment instability, investors in the wait-and-see state, which seriously affects the investment of Chinese export-oriented enterprises in Thailand. Finally, this paper analyzes the prospects of China-Thailand trade development.

Through the above analysis, the author hopes that this paper will be helpful for the two countries trade participants to provide some reference value and reference significance to the current situation and prospects of China-Thailand trade.

Keywords: Trade, Current Situation, Prospects.


An Analysis of Trade Development Status and Prospects between China and Thailand

International Master in Business Administration (IMBA), Siam University, Bangkok, Thailand

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