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Business trends

Spurred by trade war, Chinese investment in Thailand skyrockets

Midea plans largest overseas factory following relocation by tiremakers

Chinese direct investment in Thailand jumped nearly five times to 262 billion baht in 2019 from the previous year, making China the kingdom's biggest foreign investor for the first time. (Nikkei montage)
APORNRATH PHOONPHONGPHIPHAT, Nikkei staff writer | Thailand

BANGKOK -- The Washington-Beijing trade war has spurred Chinese investors to relocate their production bases to Southeast Asia, a trend that has particularly benefited Thailand.

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