Apple’s iPhone exports from India reportedly crossed US$1 billion between May and September this year, which was regarded as “healthy growth” in the company’s manufacturing export scale. Photo: AFP
Apple’s iPhone exports from India reportedly crossed US$1 billion between May and September this year, which was regarded as “healthy growth” in the company’s manufacturing export scale. Photo: AFP
China trade

US firms increasingly eyeing manufacturing ‘backups’ as China’s zero-Covid policy accelerates reshoring

  • Vietnam, Thailand, Mexico, India and South Korea are seen as ‘prime candidates’ for a so-called China plus one strategy to diversify manufacturing
  • Reshoring activities were heavily seen in 2018 and 2019, when the US-China trade war hit American manufacturers with import tariffs of up to 25 per cent

Apple’s iPhone exports from India reportedly crossed US$1 billion between May and September this year, which was regarded as “healthy growth” in the company’s manufacturing export scale. Photo: AFP
Apple’s iPhone exports from India reportedly crossed US$1 billion between May and September this year, which was regarded as “healthy growth” in the company’s manufacturing export scale. Photo: AFP
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