Chinese factories move the production to Vietnam to escape trumps

In the Scrum to turn the wheels of trade, Chinese companies turn to neighboring countries to escape President Trump's paralyzing tariffs.

The hustle and bustle can be seen in Vietnam. Fabrits that do everything from jeans to Christmas wreaths try to get there quickly. Those who have already moved rampt. The Chinese e-commerce platforms Alibaba and Shein help companies find manufacturing alternatives in Vietnam.

The race for the expenses from China has collected so much speed in the past few weeks that a social media genre of Fixers has appeared to give tips on how to be diverted not only by Vietnam, but also places such as Thailand and Malaysia.

The costs of sending products to the USA have increased in the past few weeks and the factories have been forced to find new trade routes. Last month, China's exports rose to Southeast Asia when the programs published on Friday showed the data published on Friday of the Chinese government.

While Mr. Trump imposed 145 percent tariffs in China, he carried out new tariffs in Vietnam and other Asian countries until the beginning of July. Fabrits in the region went in Overdrive.

“It feels like everyone finds a Vietnamese partner,” said Vu Manh Hung, who has seven factories in North Vietnam and was flooded with inquiries from Chinese companies.