Asia’s low-cost manufacturing hubs will continue benefiting as firms seek to move their production or supply chains out of China amid rising business costs, despite the likely continuation of a region-wide decline in exports. But for Singapore, Hong Kong, Taiwan and South Korea – once known as the “Asian Tigers” for their high-growth economies – the outlook is gloomy as shipping volumes are expected to fall and uncertainty leaves companies’ plans for growth in limbo.

Read Here – South China Morning Post

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