Trade war roils US, China, but it means jobs for rest of Asia
May 29, 2019
4 minutes
The California company Pedego Electric Bikes was long reliant on China as a production center. Now its bike assembly will be 100 percent in Vietnam and Taiwan.
The Taiwanese electronics firm Wistron is also moving its China-based production to new locations – much of it headed for a facility in the Philippines.
Two common themes tie these stories together: First, China has become less attractive for some manufacturers amid the rising tariffs of a U.S.-China trade war. Second, although the dispute can dampen economic growth globally, there are signs it could be a boon for developing economies in Mexico and Southeast Asia, where trade is
Old jobs moving ... and new ones growingShoes more mobile than computersGlobal effects of trade warYou’re reading a preview, subscribe to read more.
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