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India and Vietnam aim to turn ‘China plus one’ rivalry into trade gains

South China Morning Post 17 September 2026 10h ago
India and Vietnam aim to turn ‘China plus one’ rivalry into trade gains
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India and Vietnam could turn their competition for “China plus one” investments into a complementary partnership, analysts say, combining New Delhi’s scale and technology capabilities with Hanoi’s manufacturing agility and links to East Asian supply chains. Such a shift could deepen both nations’ roles in global production networks across high-value industries – from electronics and pharmaceutical
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