Sim Tze Wei

Chinese-style involution is no longer just a domestic issue, it has become a structural risk in the era of globalisations

Great powers have never willingly submitted to rules; they recognise them only when the rules serve their own interests

In the last of a 7-part BT-Lianhe Zaobao series on China and Asean, Lianhe Zaobao travelled to Vietnam for a closer look at its economic rise, and whether “Made in Vietnam” can replace “Made in China”

AFTER taking a page out of China’s playbook with its own Doi Moi reforms in 1986, Vietnam has ridden the globalisation wave to become a middle-income country within a single generation.

WHILE it seems like China will remain the world’s factory for now, despite the relocation of some low-end manufacturing to Vietnam and other South-east Asian nations, industrial development in the cen...