The Thai ceramic exportation continuing recession(2009/7/5)

It's reported that this year,In Thailand , not only the market value of the target than expected reduction of 40 billion baht to 10 billion baht, but also of a sustained downturn. Since Thailand and China signed a free trade agreement (fta), due to China's low production costs, domestic ceramics dealt a severe blow to Thailand's competitiveness, fear of market value this year than the target reduction of 40 billion baht to 10 billion baht, but also there will be continuity in recession. Thai Ceramic Industry Association, the Chairman acknowledged that Thailand can not compete with China, large companies may move to places with lower labor, lower production costs and marketing expenses, but small businesses may not be able to escape the fate of the end of business.(by China Leiyuan, 2009/7/5)