Trade war steers Chinese investment toward Southeast Asia

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

20190610 VINGROUP-VIETNAM/

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

TOMOYA ONISHI and YUSHO CHO, Nikkei staff writers

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.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.