With Donald Trump’s recent election victory, a new wave of factory relocations from China to Southeast Asia is anticipated, as companies brace for potential 60% tariffs on Chinese goods entering the U.S. Southeast Asia, already a key manufacturing hub for… Read More ›
Day: November 8, 2024
China Holds Steady Amid Potential U.S. Trade Risks, Investors Seek Greater Stimulus As Trump’s Trade Policies Loom
As China’s top legislative body, the National People’s Congress (NPC), approved a 10 trillion yuan ($1.4 trillion) package on Friday to help local governments address hidden debt, investors were left with mixed feelings. Many had hoped for a more substantial… Read More ›