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Dumping of cheap Chinese-made “elephant pants” is opportunistic trade practice - PM

Dumping of cheap Chinese-made “elephant pants” is opportunistic trade practice - PM

13 Sept 06:42 Key points summarised by AI
  • Prime Minister Srettha Thavisin views the dumping of cheap Chinese-made elephant pants as a normal, opportunistic trade practice.
  • He advises Thai businesses to learn from this, emphasizing the need for faster action, marketing understanding, and patent registration to protect their interests.
  • The PM highlights that while elephant pants are a small issue, it underscores the broader need for Thai businesses to 'think fast, act fast, and protect our national interests'.
  • To compete, Thai producers should focus on improving product quality and designing items suitable for international wear, as competing on production cost with Chinese goods is not feasible.
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