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The Economic Relations between China and Thailand under the Context of CAFTA: An Assessment

2013; Scientific Research Publishing; Volume: 02; Issue: 01 Linguagem: Inglês

10.4236/chnstd.2013.21008

2168-541X

Shen Hongfang,

Asian Geopolitics and Ethnography

The bilateral economic relations betweenChinaandThailandhave unprecedentedly increased since the signing of China-ASEAN Free Trade Agreement (CAFTA). This paper describes the rapid economic relations between China and Thailand from the perspectives of bilateral trade and investment as well as other forms of economic cooperation within the latest one decade, and elaborates the spectacular features of Sino-Thai bilateral economic ties in comparison with ASEAN as a whole and the other ASEAN member countries. In addition to explore the driving factors in boosting these two countries’ economic relations, the paper also explores the problems that exists since the two countries’ economic exchanges are as matter of fact under a framework of “South to South” type that embrace inevitably the week pointes such as lacking of complementarities and the others, the effect of free trade pact of “earlier heaviest” concluded by Sino-Thai government since 2003 as an experimental arrangement of CAFTA will be revaluated.