In Vietnam’s northern manufacturing belt, tariff angst isn’t stopping the flow of Chinese money. If anything, it’s growing.
From a Chinese circuit board maker’s eager calls for workers, to construction crews rushing to finish a new plant for a Shenzhen producer of gaming parts, the electronics hub of Bac Ninh province just east of Hanoi is buzzing with Chinese activity. So much so that provincial officials expect to rubber-stamp $1 billion in new investment licenses — many of them Chinese.
These optics may seem unusual amid a geopolitical trade spat. Just months ago, the rhetoric from hawks in President Donald Trump’s administration had been clear: ...