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Trade war

Trade war steers Chinese investment toward Southeast Asia

Spending in Vietnam swells sixfold as manufacturers seek non-tariffed bases

A man works at an e-scooter assembly line at a factory in Vietnam. The country is seeing a surge in Chinese companies looking to relocate operations to avoid U.S.tariffs.   © Reuters

HANOI/SHANGHAI -- As the trade war rages on, Chinese companies have sharply accelerated investment in Southeast Asia in a bid to avoid American tariffs, providing an economic boost to these countries but also raising their risk of exposure to U.S. President Donald Trump's ire.

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