The trade war between the Washington and Beijing is pushing many global companies to rethink the manufacturing and fabrication work they now do in China — and a bloc of Southeast Asian countries stands to benefit tremendously, according to a senior partner at consulting firm Bain & Co, as reported by CNBC. Countries such as Vietnam are benefiting, as manufacturers migrate from China to avoid punishing tariffs on exports to the US. But in Thailand, the price of rubber has slumped 20 per cent since June, as those same tariffs bite hard on demand from factories in China, according to a report by Agence-France Presse. Thailand’s economy slowed in the July-September quarter as the trade war and a slowdown in tourism started to bite, prompting the state planning agency to lower its annual growth forecasts.