By Patpicha Tanakasempipat / Reuters, CHONBURI, ThailandWhen US-China trade dispute tariffs jolted Chinese tire firm Prinx Chengshan into speeding up foreign investment plans, the company wound up in Thailand, thanks to that nation’s relentless courtship. “This impressed our company and this is also one of the main reasons for choosing Thailand,” Ju said. The trade dispute has breathed new life into Thailand’s Eastern Economic Corridor, where Prinx Chengshan is building its factory. Chinese companies are being catered to carefully, WHA chief executive Jareeporn Jarukornsakul said. Hong Kong-listed Prinx Chengshan said it had planned on moving tire production to Malaysia, but wavered after the Malaysian election early last year.

Source: Taipei Times October 01, 2019 16:07 UTC