📊Executive Summary

The article discusses the rapid growth of Chinese manufacturing foreign direct investment (FDI) in the ASEAN region, driven by geopolitical risks and regulatory barriers. However, it highlights the potential impact of US tariffs exceeding 30% on this trend, which could significantly disrupt the diversification of supply chains away from China. The article emphasizes that any disruption to Chinese-owned supply chains will also affect foreign-owned activities in ASEAN, making it crucial for procurement teams to monitor tariff developments and their implications on sourcing strategies in the region....