How China Stands in the Way of a U.S.-Vietnam Trade Deal

China’s giant logistics machine was humming inside rows of metal warehouses near Ho Chi Minh City in southern Vietnam this month. Hundreds of workers packed cosmetics, clothes and shoes for Shein, the Chinese fast-fashion retailer. Recruiters needing to fill hundreds more jobs were interviewing candidates outside. At another industrial park, owned by the supply chain arm of Alibaba, the