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Thailand offers tax breaks to capture spoils of US-China trade war

Economic zone chief says country set to benefit from rising tensions

Laem Chabang Port, located in Thailand's Eastern Economic Corridor. The Thai industrial park hopes to snare manufacturers that are leaving China. (Photo by Takaki Kashiwabara) 

TOKYO -- Thailand looks to extend as much tax relief as possible to manufacturers setting up shop in the country, the head of a special economic zone there told Nikkei in a recent interview.

Kanit Sangsubhan, secretary-general of Thailand's Eastern Economic Corridor, said the tax breaks are designed to attract businesses seeking an alternative production hub to China amid Washington's trade war with Beijing.

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