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Low tech goods and low value manufacturing would be the quickest to migrate while higher value-added exports in the machinery, transport and IT category would likely take decades to relocate due to high R&D costs and competitive Chinese labor costs, UBS said in a note earlier this month. Yet a regional client poll by Citi conducted in the last month showed more than half of them already adjusting their supply chain to limit upheaval to their business. China’s sophistication in areas such as automation means no one country can replace China, said trade lawyer Sally Peng of Sandler, Travis&Rosenberg.

“So everyone is looking for that China Plus One, Plus Two, Plus Three country strategy, all the way to Africa,” konstantino mother of pearl cabochon cufflinks she said, Companies hold out little hope for a truce in the trade dispute when Trump and Xi are due to meet on the sidelines of the G20 summit in Buenos Aires this week, Indeed, Trump said on Monday he expected to move ahead with raising tariffs on $200 billion in Chinese imports to 25 percent from the current 10 percent, While Chinese export data shows little sign yet of an impact from the trade war, some economists say that is because companies are rushing to get shipments out ahead of more tariffs..

To be sure, smaller emerging Asian economies are not necessarily licking their lips about the prospect of the trade war between the world’s top two economies worsening. Growth has slowed in the third quarter across Southeast Asia, as well as in Taiwan, Japan and South Korea, with officials partly blaming the trade war for it. Thailand’s exports of electronic integrated circuits, for instance, rose 4 percent to the United States in October but fell 38 percent to China. Vietnam’s manufacturing sentiment indicator is the highest in Asia but is well off its peak.

(Graphic: Asia manufacturing: Vietnam stands out konstantino mother of pearl cabochon cufflinks - tmsnrt.rs/2PMSvzi), A lack of infrastructure is also a problem for countries seeking to pick up business, Thailand is 41st in World Bank infrastructure quality rankings, Vietnam is 47th, compared to China’s 20th ranking, Bangkok is seeking to address that with its Eastern Economic Corridor, an ambitious $45 billion development project which plans improvements to deep water ports, airports and railways, Beyond infrastructure bottlenecks, red tape - particularly in Vietnam - remains hard to navigate and skilled labor is not easily available..

Vietnam’s unemployment rate is 2.2 percent. Thailand’s is even lower. “The proportion of unskilled labor in Vietnam remains large and there hasn’t been any effective plan to improve this issue, and I don’t see any significant change in five or even 10 years,” said the vice chairman of the Vietnam Electronic Industries Association, Nguyen Phuoc Hai. “Whether cheap labor will remain one of Vietnam’s advantages in the face of the fourth industrial revolution is questionable.”.

TOKYO (Reuters) - Tokyo prosecutors plan to seek an extension of Carlos Ghosn’s detention, after the ousted chairman of Nissan Motor Co (7201.T) was arrested last week for alleged financial misconduct, Kyodo News reported on Thursday, Shin Kukimoto, deputy public konstantino mother of pearl cabochon cufflinks prosecutor at the Tokyo District Public Prosecutors Office, told reporters earlier that he could not say whether prosecutors planned to extend his detention, Ghosn’s 10-day detention period will end on Friday, Prosecutors can seek court permission to detain him for up to 10 days more, by the end of which they must decide either to charge or release him..

SINGAPORE (Reuters) - Indonesian ride-hailing firm Go-Jek kicked off a trial launch in parts of Singapore on Thursday and plans to roll out an array of services through its app in early 2019, challenging dominant player Grab in the small city-state. Both Go-Jek and Grab are raising billions of dollars and investing aggressively in the race to corner a bigger share of Southeast Asia, as more of the region’s 640 million consumers go online and use smartphones to shop, commute and make payments.

Go-Jek, backed by the likes of Tencent Holdings, Alphabet Inc’s Google and Singapore state investor Temasek Holdings, is initially launching ride-hailing service in parts of Singapore after forming a partnership with DBS Group Holdings, the region’s biggest bank, “As this is a new product, we will obviously konstantino mother of pearl cabochon cufflinks give promotions, but at the end of the day it shouldn’t only be pricing that differentiates our services,” Go-Jek’s president, Andre Soelistyo, told reporters on Thursday..

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