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

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