China unveils historic steps to stabilise crisis-hit property sector
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As US hikes China tariffs, imports soar from China-reliant Vietnam | Hellenic Shipping News Worldwide
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As the United States intensifies efforts to reduce trade with China by hiking tariffs, it has greatly boosted imports from Vietnam, which relies on Chinese input for much of its exports, data show. The surge in the China-Vietnam-U.S. trade has vastly widened trade imbalances, with the Southeast Asian country last year posting a surplus with Washington close to $105 billion - 2.5 times bigger than in 2018 when the Trump administration first put heavy tariffs on Chinese goods. Vietnam now has the fourth-highest trade surplus with the United States, lower only than China, Mexico and the European Union.