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"Part of those investment projects are the result of trade disputes. These are investment plans only so some of them may never see the light of day, or take a few more years to complete," says Khun Chokedee, deputy secretary general of the Thailand Board of Investment.
A ferry boat passes container ships waiting to be unloaded at the Port of Oakland in Oakland, Calif. Recently, U.S. Treasury Secretary Steve Mnuchin said he would advise U.S. companies to reconsider China as a source of supply.China-watchers believe that countries like Thailand will see an even greater uptick of interest on the part of Chinese corporations should Trump win his re-election bid.
"Trump's trade wars are realigning economic interests. We haven't yet fully seen the impact this will have on the global supply chain, but wheels are in motion," says Kim Catechis, head of global emerging markets and portfolio manager for Martin Currie Investment Management in the U.K.That means a few years from now, say in just two or three, Thailand could find itself in the crosshairs.