Free Trial

Chinese manufacturers which are big.....>

CHINA PRESS
CHINA PRESS: Chinese manufacturers which are big exporters to the US have
accelerated the move of factories to Vietnam, the 21st Century Business Herald
has reported. Vietnam's tariff-free policy and low tax rate were major
attractions for the Chinese companies, the newspaper said. U.S. retailers in the
furniture, home appliance and tire sector, have been shifting their import
orders from China to Vietnam, the Herald said citing data from trade data
company Panjiava. The U.S. has reduced tire imports from China by 28.6%, while
increasing imports from Vietnam by 141.7%, according to the report.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.