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GE Urges Thailand to Diversify Its Ties.

Bangkok Post (Bangkok, Thailand)

| June 02, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Nareerat Wiriyapong

Jun. 2--Thailand should step up diversifying economic relationships with other countries and encourage freer flows of trade and services within Asean to cope with potential impact of the Chinese economic slowdown, said US industrial giant General Electric Co.

"Thailand and other Asean economies rely too much on China," said Stuart Dean, president of GE Southeast Asia.

Due to its size, China will remain the "biggest apple in the basket" although its growth may slow down to 8 percent from 10 percent this year, he said.

What Thailand should do is to diversify to other markets, said Mr Dean, who has spent five ...

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