in light of the China-ASEAN Free Trade Area (CAFTA), Thailand would play an
important role in manufacturing and exporting of Chinese products to ASEAN region.
In the 1987 to 2012 period, Chinese companies‟ 347 investment projects in Thailand
valued 102,433.9 million baht and covered all industrial sectors (BOT, 2014). China
account only 0.78% of total Thai inward FDI value in 2007. This percentage dramatically
increased to 5.29% in 2012 (BOT, 2013). China expanded its outward FDI in Thailand by
543.69% over the past 5 years. Follow the trend of the growth, China will play a more
and more important role in inward FDI of Thailand. On the other hand, inward FDI has
been an important driver of Thai economic development.
in light of the China-ASEAN Free Trade Area (CAFTA), Thailand would play animportant role in manufacturing and exporting of Chinese products to ASEAN region.In the 1987 to 2012 period, Chinese companies‟ 347 investment projects in Thailandvalued 102,433.9 million baht and covered all industrial sectors (BOT, 2014). Chinaaccount only 0.78% of total Thai inward FDI value in 2007. This percentage dramaticallyincreased to 5.29% in 2012 (BOT, 2013). China expanded its outward FDI in Thailand by543.69% over the past 5 years. Follow the trend of the growth, China will play a moreand more important role in inward FDI of Thailand. On the other hand, inward FDI hasbeen an important driver of Thai economic development.
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