Many foreign firms are considering shifting production from China due to rising costs and the unpredictability of exporting from the country. Photo: AP
China’s manufacturing exodus set to continue in 2020, despite prospect of trade war deal
- China’s rising costs, tricky regulations and increasingly unstable geopolitical situation are forcing more manufacturers to move production elsewhere
- First and second wave of leavers underway, with more to follow, despite the prospect of a minor US-China trade truce
Many foreign firms are considering shifting production from China due to rising costs and the unpredictability of exporting from the country. Photo: AP
