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

📊Executive Summary
Thailand's established industrial infrastructure and its integration into global automotive and electronics supply chains position it as a key player for companies looking to diversify from China. While foreign direct investment (FDI) in the EV sector is rising, underlying issues such as an aging workforce and structural challenges threaten long-term growth. The article highlights the potential for Thailand to attract advanced manufacturing firms, but also raises concerns about whether this influx of capital will lead to meaningful economic improvements or exacerbate existing constraints. Procurement teams should monitor these developments closely, as shifts in manufacturing dynamics could impact sourcing strategies and cost structures....
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