1、CoverSupply Chain Diversification amidst Rising US-China Trade Tension:Implications for Key ASEAN CountriesResearch IntelligenceDecember 2024Krungsri ResearchContentsSubscribe UsContentsDisclaimerUnless explicitly stated otherwise,this publication and all material therein is under the copyright of K

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5、e the right to change those opinions without prior notice.For research subscription,Introduction3Trade Developments in ASEAN4Foreign Direct Investment(FDI)Developments in ASEAN10Strengths of ASEAN that Make It an Attractive Destination for Investors and Challenges13Krungsri Research View19References

6、203IntroductionTrade tensions and trade barriers between the United States and China have led to changes in global supply chains and the dynamics of international trade.One of the key strategies manufacturers are using to mitigate risk is the China+1 approach.This means businesses are expanding thei