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Economy

Thailand suffers export decline on fall in China shipments

Bangkok sees first annual drop in four years as trade war takes a toll

Bangkok Port: Chinese importers bought less in 2019 as the trade war squeezed production in the country.   © Reuters

BANGKOK -- Thailand's exports fell for the first time in four years in 2019, the country said on Jan. 22, as Washington's trade war with Beijing squeezed shipments to China, one of the country's largest trade partners.

Exports to the U.S., meanwhile, increased as customers there looked for alternatives to Chinese-made products.

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