On September 27, the Thailand Zhejiang Chamber of Commerce held the Asia-Pacific Economic Outlook and Risk Management Forum for Chinese Enterprises at the China Chamber of Commerce in Thailand. According to China News Service, this event was timely as it occurred against the backdrop of a prolonged global economic downturn, marked by significant drops in consumer demand and heightened uncertainty due to geopolitical tensions. These factors present considerable challenges for Chinese companies operating abroad.
In response to these ongoing challenges, the Thailand Zhejiang Chamber of Commerce organized this forum to connect with Chinese enterprises in Thailand. The goal was to delve into the shifting political and economic risks within the Asia-Pacific region and to examine how these changes influence operational risks and potential opportunities for Chinese businesses looking to expand internationally. The forum was led by Qi Xiaoyun, president of the Thailand Zhejiang Chamber of Commerce, and attracted over 80 representatives from various Chinese enterprises operating in Thailand.
The event featured insights from several experts. Olivier Delorme, Chief Economist for Asia-Pacific at Coface, delivered an analysis titled “Asia-Pacific Economic Risk Analysis and Outlook.” Cai Weicai, Senior Vice President of Krung Thai Bank, presented on “Investment Opportunities in the Thai Market: Balancing Challenges and Opportunities.” Xu Genluo, Honorary President of the Thailand Zhejiang Chamber of Commerce, discussed the “Challenges and Opportunities for Zhejiang Enterprises Going Global.” Lastly, Shi Tiefeng, head of Coface’s Global Services Department for Chinese Enterprises, spoke about the importance of balancing market expansion with effective risk management.
These experts provided a thorough examination of how the evolving global economic landscape and shifting risks can create both opportunities and challenges for Chinese companies in their international ventures. Their presentations included specific case studies to offer practical insights to help these enterprises navigate the complexities of operating overseas.
