One of Southeast Asia’s leading property developers thinks Donald Trump’s efforts to decouple from China will be a boon for his company and the region as a whole, even as the U.S. president threatens steep tariffs on countries like Thailand and Vietnam.
In an earnings briefing on Friday, Frasers Property CEO Panote Sirivadhanabhakdi portrayed deglobalization as a possible opportunity as, in such a world, “Southeast Asian markets still continue to be attractive.” Chinese interest in Thailand “to diversify and expand for the Southeast Asia market is still there,” he said.
