ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Belt and Road

China to create trade zone with Thailand and Laos as tariffs bite

Beijing looks to boost ties with the two Mekong nations amid a trade war escalation

Workers load a Chinese boat at a Thai Mekong river port in the Golden Triangle region, where the borders of Thailand, Laos and Myanmar meet.    © Reuters

BANGKOK -- As the trade war with the U.S. intensifies, China is looking to strengthen commercial ties with countries in the Mekong region of Southeast Asia by setting up a free-trade zone on the border between Thailand and Laos.

In the planned zone, Beijing will waive tariffs and value-added tax on imports from countries that do not share a border with China.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more