Lianhe Zaobao: "The U.S. Denial of Vietnam's Market Economy Status Is a Political Calculation."

The drivers behind the relocation of Chinese enterprises overseas differ fundamentally from the motivations that led companies in developed economies—such as Europe, the United States, Japan, and South Korea—to relocate abroad in earlier decades.

The"Four Asian Tigers"have largely failed to achieve meaningful industrial upgrading and remain dominated by mid- to low-end manufacturing and labour-intensive industries. Apart from Malaysia's relatively notable progress in the semiconductor sector and Thailand's achievements in automotive manufacturing, it is difficult to identify other standout areas.