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Supply Snarls Promise Southeast Asia Bigger Slice of Trade Pie

  • EU, Japan seen leading efforts to diversify supply chains
  • Asean presents cost-effective option to tweak linkages

Trade disruptions from China’s lockdowns and the war in Ukraine are seen doing for Southeast Asia what the US’s spat with Beijing couldn’t meaningfully do -- redistribute supply chains. 

“Much of the discussion around dependency on China has been linked to the US-China rivalry,” according to a report by Hinrich Foundation. But the latest “disruptions have broadened the number of countries currently assessing the risks to their supplies.”