An employee wearing a face mask works on a production line at a textile factory in Haian, Jiangsu province. Photo: Reuters
Macroscope by Tai Hui
Despite the coronavirus crisis and trade war, factories have good reasons to stay in China
The Covid-19 outbreak is holding up production in parts of China, and making relocation a more concrete possibility. However, China’s logistics infrastructure and huge consumer market give it advantages over other production locations
Tai Hui is chief market strategist for the Asia-Pacific at JP Morgan Asset Management. Based in Hong Kong, he formulates and disseminates the company's view on the market, economy and investing to financial advisers and investors in Asia. He regularly appears on international and local financial media, including as a guest host on CNBC Asia, as well as Bloomberg TV and Reuters TV.