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
Topic |   US-China trade war

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Many foreign firms are considering shifting production from China due to rising costs and the unpredictability of exporting from the country. Photo: AP
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Finbarr Bermingham

Finbarr Bermingham

Finbarr Bermingham has been reporting on Asian trade since 2014. Prior to this, he covered global trade and economics in London. He joined the Post in 2018, before which he was Asia Editor at Global Trade Review and Trade Correspondent for the International Business Times.