South-east Asia will gain from a prolonged trade war, analysts say

Chinese workers making stuffed toys for export. Asean countries, particularly Vietnam, Cambodia and Malaysia, will be among the biggest winners in the global supply chains in the event of a prolonged US-China trade war.
Chinese workers making stuffed toys for export. Asean countries, particularly Vietnam, Cambodia and Malaysia, will be among the biggest winners in the global supply chains in the event of a prolonged US-China trade war.PHOTO: REUTERS.

South-east Asian nations, particularly the likes of Vietnam, Cambodia and Malaysia, will be among the biggest winners in the global supply chains in the event of a prolonged trade war between the United States and China, analysts and industry players say.

Mr Jonathan Choi, chairman of the Chinese General Chamber of Commerce in Hong Kong, said many of its 6,000 members are considering shifting their mainland operations away to Vietnam and Cambodia where labour and land costs are cheaper.

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A version of this article appeared in the print edition of The Sunday Times on August 26, 2018, with the headline 'South-east Asia will gain from a prolonged trade war, analysts say'. Print Edition | Subscribe