Bangladesh’s garment manufacturing industry to benefit from US-China trade war

According to Bangladesh’s “Financial Express” report on October 20, according to the Asian Development Bank’s “2019 Annual Outlook”, Bangladesh’s GDP will decline in the next two years due to the Sino-US trade war. Growth of 0.23%, as Bangladesh’s garment exports to the United States will increase, fashion brands may transfer their production facilities from China to Asian countries, including Bangladesh, and Chinese manufacturers may also transfer production lines to lower-cost South Asia , Southeast Asian countries, Bangladesh’s garment manufacturing industry has an optimistic future.