More multinational companies could relocate from China to Southeast Asia post-pandemic, Asean says. Photo: Xinhua
US-China tensions could drive more firms to diversify supply chains to Southeast Asia, AMRO says
- Southeast Asian economies stand to gain further from multinational firms looking to diversify supply chains from China, says a new report from Asean
- Labour-intensive assembly operations and some capital-intensive industries like cars, machinery and electronics are most likely to relocate
More multinational companies could relocate from China to Southeast Asia post-pandemic, Asean says. Photo: Xinhua
