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