Vietnam is the choice for the next factory, not South Asia

This photograph taken on May 24, 2019 shows garment factory workers making men's suits in a factory in Hanoi. - From socks and sneakers to washing machines and watches, countries across Asia are hoping the US tariff squeeze on China will presage a permanent shift in manufacturing patterns as big name brands dodge the trade war in cheaper locations to make their goods. - AFP

Vietnam seems to be the consensus pick for winner of the US-China trade war, as Chinese and other manufacturers shift production to the cheaper South-East Asian nation.

If there’s a loser, at least in terms of missed opportunities, it may be the countries of South Asia.