Stand-out winners include Vietnam and the Vinasolar plant in Ho Chi Minh City, which has seen a surge in orders from Chinese companies. Photo: Cissy Zhou
Aidan Yao
Opinion

Opinion

Macroscope by Aidan Yao

The US-China trade war has produced more losers than winners

  • Vietnam is the stand-out winner, but even it has been hit by US tariffs for its large trade surplus
  • The rebalancing of trade and production means South Korea, Taiwan and Japan are seeing bigger demand from US – but an ever bigger drop from China

TOP PICKS

Stand-out winners include Vietnam and the Vinasolar plant in Ho Chi Minh City, which has seen a surge in orders from Chinese companies. Photo: Cissy Zhou
READ FULL ARTICLE