Only 80 firms out of thousands with links in China have returned part of their operations home since Korea introduced its U-turn law in 2013. Photo: Handout Only 80 firms out of thousands with links in China have returned part of their operations home since Korea introduced its U-turn law in 2013. Photo: Handout
Only 80 firms out of thousands with links in China have returned part of their operations home since Korea introduced its U-turn law in 2013. Photo: Handout

South Korean firms prefer manufacturing in China despite government’s reshoring plans

  • Seven out of 10 South Korean companies in China have no interest in returning home, according to a recent survey
  • Anecdotal evidence indicates that firms considering cutting back operations in China are instead looking to relocate in Southeast Asia

Topic |   South Korea
Only 80 firms out of thousands with links in China have returned part of their operations home since Korea introduced its U-turn law in 2013. Photo: Handout Only 80 firms out of thousands with links in China have returned part of their operations home since Korea introduced its U-turn law in 2013. Photo: Handout
Only 80 firms out of thousands with links in China have returned part of their operations home since Korea introduced its U-turn law in 2013. Photo: Handout
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