Inside China’s state-owned industrial park in Vietnam, Beijing’s image trumps trade war profits

//Inside China’s state-owned industrial park in Vietnam, Beijing’s image trumps trade war profits

Inside China’s state-owned industrial park in Vietnam, Beijing’s image trumps trade war profits

Until the middle of 2018, business was slow for the only Chinese state-owned industrial park in Vietnam, located in the northeastern manufacturing hub of Haiphong and wholly-owned by the Shenzhen city government.US President Donald Trump’s tariffs on Chinese goods enacted last year changed that, with 16 of the 21 Chinese companies that have relocated to the China-Vietnam (Shenzhen-Haiphong) Economic and Trade Cooperation Zone – many of them electronic device manufacturers – having done so since…

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By | 2019-06-02T22:00:07+00:00 June 2nd, 2019|Headlines|Comments Off on Inside China’s state-owned industrial park in Vietnam, Beijing’s image trumps trade war profits