Vietnam reciprocal tariffs reflect trade deficit and ties to China
The threat of rising tariff rates on U.S. imports could hobble the economic trajectory of countries such as Vietnam. Foreign direct investment in Vietnam has increased in recent years as firms search for ways to manage risks stemming from production in China. Vietnam has received approximately $18.5 billion in net foreign direct investment, according to World Bank […]
China is ending its annual Congress with questions open over how to revive its slowing economy
BEIJING (AP) — China wrapped up its biggest political event of the year on Tuesday leaving one question unanswered: How far will it go to try to revive economic growth in 2025? A recurring theme throughout the weeklong meeting of the nearly 3,000-member National People’s Congress was the need to boost investment and consumer spending. […]