Economics
Myanmar Expects Factory Investment to Jump on U.S.-China Tension
- Official says rival manufacturing location Vietnam congested
- Myanmar trying to woo $5.8 billion foreign investment in 2019
Workers use sewing machines to manufacture shirts in Yangon, Myanmar.
Photographer: Taylor Weidman/BloombergThis article is for subscribers only.
Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.
Myanmar expects to attract more investment as manufacturers seeking to relocate production from China to skirt U.S. tariffs encounter capacity constraints in Vietnam.