China Will Build &Nbsp In Thailand; "Comprehensive Chinatown".

　　 China In January 2010, a free trade agreement was signed with Southeast Asian countries, whereby Chinese businessmen enjoy zero or low tariffs on their exports.

At present, China plans to invest 1 billion 500 million US dollars. Thailand Build a huge business center. Comprehensive Chinatown 。 The integrated city will cover an area of 5 million 400 thousand square feet, or 500000 square meters, and is believed to accommodate more than 70000 Chinese traders near Bangkok.

The comprehensive city construction plan started in March 2011 and completed in 18 months. Many Chinese products will be sold in comprehensive cities, such as various decorations, household goods, clothing, etc.

Once the integrated city is put into operation, Chinese traders will be able to sell Chinese products to consumers from all over the world through Thailand, which will help Chinese traders save a lot of taxes that must be paid to many countries, especially in western countries, such as Europe and the United States.

This measure is also seen as helping China reduce its trade deficit with these countries. In November 2010, the trade deficit between China and the United States was 16 billion 800 million dollars, and the EU deficit was 13 billion 600 million dollars.

Overall, the global recession has little impact on the healthy growth of China's trade. In addition, during the economic recession, China's sales to other developing countries increased more than that of Europe and the United States. In November 2010, China's exports increased by 34.9% over the same period last year, reaching US $153 billion 300 million.

But then the stock of Chinese products exported to the main importing countries, the European Union and the United States, increased, leading Chinese traders to find new channels to enter the developing countries market.