The new free trade agreement between the EU and Vietnam has been backed to lead to a further influx of Chinese investment in the country. Photo: Cissy Zhou

China’s trade war manufacturing exodus could be hastened by EU-Vietnam trade deal, analysts say

  • The agreement offers Chinese firms incentive of low-tariff access to the European Union if they set up in Vietnam
  • Deal will eventually cut import duties by 99 per cent, which could also see a flood of European companies seek low-cost manufacturing in Vietnam, at China’s expense
Topic |   China economy

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The new free trade agreement between the EU and Vietnam has been backed to lead to a further influx of Chinese investment in the country. Photo: Cissy Zhou
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