Trade war has little to no impact on Thai economy: UTCC

The University of the Thai Chamber of Commerce (UTCC) says the country’s economy remains strong in spite of the ongoing trade war between the United States and China.

Thanawat Polvichai, director of the Economic and Business Forecast Centre of the UTCC, on Saturday revealed that the country hasn’t yet felt the impact of the global trade war and that the Thai economy remains strong despite rising crude oil prices in the global market and the lower number of Chinese tourists arriving in Thailand.

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Thammarat Thadaphrom