Bangladesh’s garment industry is becoming a beneficiary of the Sino-US trade war

According to a report by the “Daily Star” on September 16, since the outbreak of the trade war between China and the United States, Bangladeshi garment manufacturers have received more orders from the United States. Therefore, the Bangladeshi garment industry is becoming a beneficiary of the Sino-US trade war. A recent report published by the Financial Times stated that although China is currently the world’s largest exporter of ready-made garments, some Chinese factory owners have transferred production to other developing countries such as Bangladesh, Cambodia, and Vietnam in the past 10 years in order to seek more opportunities. Cheap labor, the Sino-US trade war will exacerbate this shift. (Title: Bangladesh’s garment industry is becoming a beneficiary of the Sino-US trade war)