Soaring costs and a truce in the trade war are persuading China-based export manufacturers to reconsider relocating to Vietnam. Photo: Reuters

Staying put: small China firms postpone plans to move to Vietnam after trade war truce

  • Small Chinese manufacturing firms are reconsidering plans to move to Vietnam to avoid US trade tariffs
  • Costs of relocating to Vietnam have soared this year
Topic |   China economy

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Soaring costs and a truce in the trade war are persuading China-based export manufacturers to reconsider relocating to Vietnam. Photo: Reuters
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He Huifeng

He Huifeng

He Huifeng is an award-winning journalist and has been focusing on mainland news reporting since 2001 for several overseas media. She has gained an in-depth knowledge of political, economic and social issues on the mainland through years of close observation, which has given her a love for journalism in the field.