The Economic Relations between China and Thailand under the Context of CAFTA: An Assessment


The bilateral economic relations betweenChinaandThailandhave unprecedentedly increased since the signing of China-ASEAN Free Trade Agreement (CAFTA). This paper describes the rapid economic relations between China and Thailand from the perspectives of bilateral trade and investment as well as other forms of economic cooperation within the latest one decade, and elaborates the spectacular features of Sino-Thai bilateral economic ties in comparison with ASEAN as a whole and the other ASEAN member countries. In addition to explore the driving factors in boosting these two countries’ economic relations, the paper also explores the problems that exists since the two countries’ economic exchanges are as matter of fact under a framework of “South to South” type that embrace inevitably the week pointes such as lacking of complementarities and the others, the effect of free trade pact of “earlier heaviest” concluded by Sino-Thai government since 2003 as an experimental arrangement of CAFTA will be revaluated.

Share and Cite:

Shen, H. (2013). The Economic Relations between China and Thailand under the Context of CAFTA: An Assessment. Chinese Studies, 2, 52-60. doi: 10.4236/chnstd.2013.21008.

Conflicts of Interest

The authors declare no conflicts of interest.


[1] Percival, B. (2007). The dragon looks south: China and Southeast Asia in the new century. USINO Breef. URL (last checked 30 May 2009).
[2] Sheng, L. J. (2007). Forty years of ASEAN: Relations with chin. International Conference of “ASEAN 40 Years: Review and Prospect”, Beijing: Peking University, 15th-17th November.
[3] Shen, H. F. (2010). China-Southeast Asian economic relations in the 21st century: Evolving features and future challenges. International Journal of China Studies (Malaysia), 1, 25-45.
[4] Shen, H. F. (2011). Different voices under China-ASEAN free trade area: An exploration. China-ASEAN Integration & Trade Journal (Malaysia), 1, 17-42.
[5] Sompop, M. (2009). Thailand-China cooperation in trade, investment and official development assistance. URL (last checked 20 July 2012).
[6] Wang, Y.-Z. (2012). “The impact of CAFTA on China-ASEAN relationship: An evaluation from strategic perspective. Southeast Asian Affairs (Xiamen), 1, General Serial No. 149, 9-20.
[7] Wang, Q. (2011). Two decades of China-ASEAN economic relations: Retrospect and prospect. Southeast Asian Affairs (Xiamen), 4, General Serial No.148, 20-26.

Copyright © 2024 by authors and Scientific Research Publishing Inc.

Creative Commons License

This work and the related PDF file are licensed under a Creative Commons Attribution 4.0 International License.