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Cake day: June 14th, 2023

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  • Not sure if I can be helpful but lately there are several manufacturing sectors trying to reduce their footprint in China and move to Vietnam or India, for a mix of reasons (rising labor cost in China, geopolitical tension implying potential supply chain disruption). The US promoting their relations with Vietnam means there will be trade deals (free trade maybe?) which will incentivize manufacturers to move their production there, potentially away from China.