Trade war roils US, China, but it means jobs for rest of Asia
The California company Pedego Electric Bikes was long reliant on China as a production center. Two common themes tie these stories together: First, China has become less attractive for some manufacturers amid the rising tariffs of a U.S.-China trade war. Second, although the dispute can dampen economic growth globally, there are signs it could be a boon for developing economies in Mexico and Southeast Asia, where trade is an especially important driver of prosperity.
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