Shipping containers are seen at a port in Haiphong, Vietnam. More Chinese companies are fleeing to Southeast Asia to avoid trade war tariffs, creating opportunities for Chinese logistics companies helping them to move. Photo: Reuters
US-China trade war manufacturing exodus creating boom times for Chinese logistics companies
- The trade war has created an unlikely winner: the cross-border logistics companies facilitating the exodus of Chinese manufacturers
- Guangzhou-based R&T Transportation helped 10 firms move their entire plant out of China since 2018 and 500 companies to move part of production
Shipping containers are seen at a port in Haiphong, Vietnam. More Chinese companies are fleeing to Southeast Asia to avoid trade war tariffs, creating opportunities for Chinese logistics companies helping them to move. Photo: Reuters
