The Department of Commerce's International Trade Impact Thailand - China. The decline in oil prices in the world market. China to adjust the fuel tax Production exceeded demand by Mrs. Ananda vine snake bird's department of international trade. Ministry of Commerce Disclosure of Board of Trade of China. The impact of trade as global oil prices that fell. There are both positive and negative effects. The positive effect of the cost of energy imports. Production costs The cost of logistics. Stimulus spending and household consumption. The impact on the automotive industry in China. The negative results that Thailand would have to monitor the movements of Thailand's major exports are related to oil, such as chemicals and polymers. Business group exports and tourism. May be affected indirectly. From the oil-exporting countries have reduced income. The ratio of declining oil prices. The demand for a product or a trip down to the "manufacturing in China, the use of oil as a source of energy and the aviation industry and logistics Cruises has the advantage of lower fuel costs. And the impact on trade along the new Silk Road, "said Department of Vine said. Production costs and cost of goods imports fell. Affect inflation. Consumers will have more money in hand. The cost of consumer goods increased. In contrast, companies that have merit lower oil prices. May produce excess demand. The price volatility Chinese oil consumption tax hike has increased with the International Finance Corporation of China. Or ICC expected. This year, the world oil prices will be reduced from 57 years to 20%, which makes China's international trade surplus increased to 47,000 million US dollars, or about 0.5% of GDP, as well as balancing the current account of the government. China is the world's No. 2 consumer of oil as it plans to increase oil reserves estimated to be sufficient for the period of 100 days (70 days back) to strengthen the economy. It also has a positive effect on international cooperation in the energy field of China. For security, energy and resources in the region, Mrs. Vine Department said. The decline in oil prices The impact of China's economic development in the distance. The support and development of alternative energy and more environmentally friendly. In some cases, the county relies on revenue from crude oil production industry. Or plant operations related to oil processing. It has been affected by falling revenues. Resulting in reduced exploration and drilling new oil wells, so China must look for alternatives. To prevent the relocation of production. And the new energy policy in parallel.
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