China Will Build A Commercial City in Thailand
China will build a commercial city in Thailand worth $ 1, 5 billion, which allows traders of goods made in China can avoid the high tariffs if the goods are exported again. Local media reported that more than 70,000 merchants China is expected to operate in the region called “Complex City of China”.
“The area that will help the traders to avoid charges of shipping directly from China,” China Daily quoted the officials involved in the development area as reported by AFP. Commercial town located not far from the city of Bangkok it occupies an area of 700,000 square meters (70 hectares) and designed to resemble the world’s largest wholesale market in Yiwu City in China as the East. Construction of the project will begin on 18 January and is expected to be completed in 2013.
