A worker measures a newly manufactured ball mill machine at a factory in Nantong, Jiangsu province. A recent survey found that, despite the trade war, around 60 per cent of US companies were not even considering relocating manufacturing from China to other countries. Photo: Reuters
Bill He
Opinion

Opinion

Macroscope by Bill He

US trade tariffs can’t change the fact that China is the world’s manufacturing superpower

  • Companies in the US, and elsewhere, need Chinese suppliers, as there is still no viable alternative in terms of capability, price and scale. Meanwhile, businesses must develop broad strategies to cope with the US tariffs

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A worker measures a newly manufactured ball mill machine at a factory in Nantong, Jiangsu province. A recent survey found that, despite the trade war, around 60 per cent of US companies were not even considering relocating manufacturing from China to other countries. Photo: Reuters
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