ASEAN Business Lead Story News Trade
Thailand will lose billions in the Chinese market to Cambodia, Laos, Burma and Vietnam over the next five years due to their better labour competency and higher manufacturing quality.
China’s trade with Southeast Asia could more than double to US$1 trillion by 2020, Premier Li Keqiang has told regional leaders, downplaying simmering territorial disputes.
Similar to the establishment of the EU, the AEC also seeks to create free mobility of goods, services, investment, capital and skilled labour.
