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Trade data suggests China's manufacturers are assembling fewer end products there and instead shipping materials to Southeast Asia for final assembly.

Republic ofHong kongUnited statesSouth koreaGenevieve slosbergMisha govshteynLu yucongMarofab govshteynDonald trumpCarnegie huangFrederic neumannAssociation of southeast asian nationsCarnegie asia programNomura holdingsTerms of serviceSoutheast asia