Spillover Effect of US-China Trade War: Case Study of Vietnam and Malaysia

Authors

  • Yunqi Dong

DOI:

https://doi.org/10.54691/bcpbm.v38i.4249

Keywords:

US-China trade war; Germany; Japan; Vietnam; Malaysia; FDI.

Abstract

This paper focuses on the comparison of the spillover effects brought by the US-China trade conflict on industrialized and emerging economies classified by different sectors and research of possible policies that would improve FDI absorption abilities of emerging economies. The proposed method to solve the problem is through desk research on secondary sources and import and export data of each country provided by the World Bank. The results obtained in this research include Japan and Germany lost the most in automobile industries while Vietnam and Malaysia reaped profits from diverted demand of commodity manufacturing and foreign direct investment.

Downloads

Download data is not yet available.

References

Key Statistics and Trends in Trade Policy in 2018. UNCTAD, 2019.

Sevastopol Demetri, Financial Times, 2 Oct. 2018.

Popławski Konrad, Germany among the biggest losers of the US-China trade war. Centre for Eastern Studies, 2020.

Stanzel Angela, Germany and the US-China Trade War: Stuck in the Middle. Institut Montaigne, 2019.

Shooting Oneself in the Foot? Trade War and Global Value Chains. Working Paper CEPII, 2019.

Commentary: Vietnam emerges a key winner from the US-China trade war. Channel News Asia, 8 July 2019.

Vietnam's exports to countries / territories, major commodities in June and 6 months 2019. General Department of Vietnam Customs, June 2019.

Pierson, David, Vietnam Strains to Reap the Rewards of the U.S.-China Trade War. Los Angeles Times, 12 July 2019.

Tourism Malaysia, 2017.

Cheng Calvin, Rosli Firdaos, Kartika D. The US-China Trade War: Is Malaysia benefiting from "diversions" in US import demand? Institute of Strategic and International Studies, 2019.

Jun, Mai, Chinese Visitors to US Told to Beware of Shootings, Costly Medical Care. South China Morning Post, 1 July 2018.

US Department of Commerce International Trade Administration Industry and Analysis. National Travel and Tourism Office (NTTO), Trade.gov, 2019.

Tourism in Europe Statistics 2020-2021. European Union Tourism Trends, 2022.

Vietnam Tourism Statistics 2003-2022. macrotrends.com, 2022.

Malaysia Tourism Statistics in Brief. Tourism Malaysia, 2022.

Disbursed FDI in 8 months increased by 6.3% over the same period. Vietnam Online Newspaper of the Government, 30 August 2019.

Three factors behind FDI attraction in Vietnam. Vietnam net, 2022.

General Statistics Office of Vietnam, 2018.

Thong Vien, Aging population to negate Vietnam's cheap labor advantage: report. 30 August.

Vietnam Becomes a Victim of Its Own Success in Trade War. Bloomberg, 17 September 2019.

Can Vietnam absorb increased FDI capital flow? Voice of Vietnam, 2019.

Selangor Registers RM5.9 Billion Worth Approved Manufacturing Projects for 1H2019. Malaysian Investment Development Authority, 2019.

Lack of infrastructure major impediment to investment: Report, Khalid Umar Malik. Malaysia Sun, 2022.

Malaysia facing labour shortage as economy recovers. Asia News Network, 2021.

Falak Ayman, Vietnam’s Transport Infrastructure Plan: 3 Proposals for Implementation., Vietnam Briefing, 2021.

Thang Ngoc, The impact of transportation infrastructures on attracting foreign direct investment in Vietnam. Keough School of Global Affairs, University of Notre Dame, 2017.

Vietnam: New immigration law looks to attract investment. GTDW FDI Trade & Supply Chain Digitalization News, 2020.

Azoulay Pierre, Jones Benjamin, Kim J. Daniel, Miranda Javier, Immigration and Entrepreneurship in the United States. Massachusetts Institute of Technology, 2020.

Taylor William, Vietnam’s Migrant Workers: Greatest Advantage, Greatest Challenge. The Asia Foundation, September 28, 2011.

Malaysia offers incentives to attract investors. Malaymail, 2021.

Tax Effects on Foreign Direct Investment. OECD, 2008.

Downloads

Published

2023-03-02

How to Cite

Dong, Y. (2023). Spillover Effect of US-China Trade War: Case Study of Vietnam and Malaysia. BCP Business & Management, 38, 3166-3171. https://doi.org/10.54691/bcpbm.v38i.4249