Related Keywords: intra Asisan trade, Manufacturing shift, Sourtheast Asian countries, Southern China, Textile, Vietnam textile and garment exports
Manufacturing has been shifting away from the more expensive southern China to Southeast and South Asian countries such as Vietnam and Bangladesh. The shift is being led by textiles which may have increased intra-Asian trade but it will still take years to cause an impact on global sourcing patterns, according to trade finance bankers and fashion retailers.
