What Samsung and Vietnam stand to lose in Trump's tariff war

SEOUL/HANOI : When Samsung Electronics chairman Jay Y. Lee met Vietnam’s prime minister in July, he had a simple message to convey. “Vietnam’s success is Samsung’s success, and Vietnam’s development is Samsung’s development,” Lee told Pham Minh Chinh, pledging long-term investment to make the country its biggest manufacturing base forContinue Reading

Chinese manufacturers in fighting spirits despite scrapped US orders

JINHUA: On a sweltering spring day, workers at a Christmas tree factory in eastern China rhythmically assembled piles of branches, wiping away sweat as they daubed white-paint snow onto plastic pine needles. Like countless other companies in the manufacturing powerhouse of Zhejiang province, its products are geared largely towards exportContinue Reading