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Vietnam overtakes Japan in China’s export market for the first time

Invezz Tuesday, 14 January 2025 ()
Vietnam overtakes Japan in China’s export market for the first timeVietnam has surpassed Japan to become China’s third-largest export destination for the first time, marking a significant shift in global trade patterns. This transformation is largely driven by US tariffs, which are compelling companies to find new suppliers outside of China while still relying on Chinese manufacturers for essential components. Record exports to Vietnam fuel […]
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