May 15, 2014

Vietnam Has Much to Lose if Anti-China Riots Go On

H. Timmons, Quartz

The Associated Press

The deaths, particularly if they are Chinese citizens, intensify an already volatile situation between the two countries and escalate the potential damage for Vietnam, which relies heavily on foreign investment and tourism. Vietnam’s GDP growth of 5.4% in 2013 was boosted significantly by foreign companies, including the establishment of thousands of foreign projects and factories in recent years, as well as more than 7 million foreign tourist visits.

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TAGGED: China, Vietnam

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