- Tiger economies like Hong Kong will feel bite from trade war, but as US tariffs push up cost of Chinese products, Asia’s low-cost manufacturers stand to gain
- Still, it’s a fleeting victory – in the long term, everyone’s a loser
For Bangladeshi garment maker Viyellatex Group, the spiralling trade tensions between China and the United States that have roiled global markets have instead been a boon for business.
US tariffs have pushed up the cost of Chinese-made products so buyers have turned to the company, a leading producer in Bangladesh, the world’s second-largest exporter of ready-made garments. READ MORE
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