Many foreign companies are trying to reduce their reliance on China, according to a recent poll. Photo: Xinhua Many foreign companies are trying to reduce their reliance on China, according to a recent poll. Photo: Xinhua
Many foreign companies are trying to reduce their reliance on China, according to a recent poll. Photo: Xinhua
China economy

Foreign firms look to reduce reliance on China, poll shows

  • Strategy known as ‘China Plus One’ sees companies boosting operations in Vietnam, India and elsewhere
  • Growing trend of remote work brought on by Covid-19 pandemic has also encouraged firms to downscale offices, survey says

Topic |   China economy
Many foreign companies are trying to reduce their reliance on China, according to a recent poll. Photo: Xinhua Many foreign companies are trying to reduce their reliance on China, according to a recent poll. Photo: Xinhua
Many foreign companies are trying to reduce their reliance on China, according to a recent poll. Photo: Xinhua
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