fredag 16. mai 2025

China’s Visit And Economic Playbook In Vietnam, Malaysia, Cambodia: Solidifying Leverage And Belt And Road Initiative With Strategic Allies – Analysis

The U.S. had imposed a 145% tariff on Chinese imports last April, prompting China to seek stronger regional alliances. Amid interruptions brought on by U.S. tariffs, China’s President Xi Jinping urged for closer trade and supply chain connections with Vietnam on last week while attending the signing of dozens of cooperation agreements between the two communist-run countries in Hanoi, Vietnam last 14 April 2025.

The weeks-long tour, which is a component of a larger Southeast Asian journey, comes as China faces 145% U.S. levies and Vietnam is negotiating a 46% reduction in proposed U.S. tariffs that would otherwise take effect in July following the end of a global moratorium or global tariff freeze.