Manufacturers capitalize on trade war, COVID-19

As Cambodia continues reaping the benefits of a production shift out of China amid the Sino-U.S. trade war and COVID-19, Taiwan’s TST Group Holding Ltd. based in Hong Kong has announced it will expand into the Kingdom with a planned investment of $20 million.

Japanese news agency NNA reported on March 4 that TST was making the move due to COVID-19 disrupting production in China.

“We always planned to diversify and increase overseas businesses, and the COVID-19 epidemic pushed us to accelerate our efforts,” a TST spokeswoman told NNA.

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