Thailand-China Rubber Industry Cooperation Under the Belt and Road Initiative: Opportunities and Challenges

Abstract

The Belt and Road Initiative (BRI), proposed by China in 2013, has facilitated extensive economic and industrial cooperation between China and Southeast Asian countries, including Thailand. As the world’s largest producer and exporter of natural rubber, Thailand plays a crucial role in China’s rubber industry supply chain. This paper examines the dynamics of Thailand-China rubber industry cooperation under the BRI framework, analysing key projects, economic benefits, and challenges. Utilizing secondary data from government reports, academic research, and industry analyses, this study highlights how infrastructure development, investment flows, and trade agreements under the BRI have strengthened bilateral rubber industry collaboration. However, issues such as price volatility, environmental concerns, and geopolitical influences pose significant challenges. The paper concludes with policy recommendations to enhance sustainable cooperation in this sector.