Source:https://www-scmp-com.libproxy1.nus.edu.sg/podcasts/article/3015831/behind-tariffs-solar-cells-and-exodus-chinese-companies-china
Podcasts

Behind the Tariffs: Solar cells and the exodus of Chinese companies from China

  • The march of manufacturing out of China continues due to the trade war
  • It’s causing a labour shortage and an overheated real estate market in neighbouring Vietnam

Jarrod Wattin Hong Kong,Naomi NgandFinbarr Berminghamin Brussels
Solar cells.

US President Donald Trump’s decision to place tariffs on goods made in China has, unsurprisingly, led to the relocation of many American companies from China. But most are not moving back to the US - instead they are heading to Vietnam, along with other lower cost hubs. And not only are US companies moving out of China and into Vietnam, Chinese companies are, too.

Join us on a journey to Ho Chi Minh City, where we find Chinese companies that have moved south of the border to avoid the tariffs being levied on the products they make, in turn capitalising on Vietnam’s membership of one of the world’s biggest trade deals.

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