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UTCC unit forecasts 2% export growth despite China


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Export value is forecast to grow by 2 per cent this year to US$218.34 billion (Bt7.935 trillion), the first expansion in four years, according to the University of the Thai Chamber of Commerce’s Centre for International Trade Studies. But exports to China, the Kingdom’s third-largest market, will continue to contract because of its slowing economic growth.

 

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