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Asian Angle | Thailand’s ‘China plus one’ successes mask a middle-income quagmire

✍️ Donald Low 📅 November 08, 2025 04:00 AM 🕐 Scraped: November 08, 2025

Summary: FDI figures hide the painful truth: an ageing workforce, structural challenges and low-value assembly threaten economic stagnation.

Thailand is often hailed as a poster child for the “China plus one” strategy, its industrial estates filled with new factories and its policymakers touting investment in electric vehicles and electronics.

Thanks to its established industrial infrastructure, a domesti

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📝 Article Information

Author

Donald Low

Original Publisher

🌍 South China Morning Post

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Published Date

November 08, 2025 at 04:00 AM

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