2018 onwards, Chinese companies expand supply chains and market presence in Southeast Asia, driven by trade shifts and industrial development, leveraging favorable tax policies, low labor costs, and limited competition.

Since 2018, Chinese companies are expanding their supply chains and market presence in Southeast Asia, driven by international trade shifts and industrial development trends. Factors include favorable tax policies, low labor costs, and limited competition in countries like Vietnam. This trend supports economic complementarity between China and ASEAN countries, bolstering trade relations and collaboration in the vertical division of labor within the industrial chain.

April 01, 2024
3 Articles