Against China, Vietnam Stands Alone
Garment manufacture is among the industries supporting Vietnam's export-oriented economy that depends on Chinese raw materials, such as fabric. That reliance limits Hanoi's options when dealing with its giant northern neighbor.
(HOANG DINH NAM/AFP/Getty Images)
The balance of power in Southeast Asia has been quietly shifting in China's favor, and perhaps no country feels it more than Vietnam. In the span of a few months, Hanoi -- once the staunchest advocate for the Trans-Pacific Partnership (TPP) -- became the first participant to shelve the trade...
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