Bangladesh Garment Manufacturing Industry Will Benefit From Sino US Trade War

According to Bangladesh's financial bulletin October 20th, according to the Asian Development Bank's outlook for 2019, it is predicted that in the next 2 years, the gross domestic product of Bangladesh will grow by 0.23% because of the Sino US trade war. Because Bangladesh's exports to the United States will increase, the fashion brands may shift their production facilities from China to Asian countries including Bangladesh. Chinese manufacturers may also shift their production lines to lower cost countries in South Asia and Southeast Asia, and the prospect of Bangladesh's garment manufacturing industry is optimistic.