Why Chinese carmakers are eyeing Thailand
South-East Asia offers an appealing route to foreign expansion
SIX DECADES ago, when Japan’s carmakers were minnows outside their home market, the future giants of global car manufacturing—Toyota, Nissan and Honda among them—began to expand production in Thailand. The South-East-Asian country’s early presence in the automotive supply chains means it is the tenth-largest producer of cars in the world, surpassing countries like France and Britain.
This article appeared in the Business section of the print edition under the headline “The Thais that bind”
From the May 13th 2023 edition
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