China's cheap exports are 'a fact of life,' SCG's CEO says—so Southeast Asia's factories need to get bigger | Fortune

Siam Cement Group CEO Thammasak Sethaudom said at the Fortune Southeast Asia 500 Summit in Ho Chi Minh City that cheap Chinese exports are "a fact of life," and that Southeast Asian manufacturers must scale up to compete. He argued the region's factories need greater size to withstand pricing pressure from Chinese overcapacity. The comments matter because China's export surge is squeezing margins across Southeast Asian manufacturing and chemicals. Watch for consolidation and capacity expansion among regional producers, and for SCG's own investment and pricing decisions as it navigates the competitive pressure.