An iPhone contract manufacturer for Apple is apparently trying to relocate almost 6 production lines from China to India. The decision is expected to cater to the demand of the local Indian population as well as export markets like the U.S. iPhones manufactured in India Once the new production lines are set up, almost US$5 ...
With companies looking to exit China following the worsening relationship between Beijing and Washington, Vietnam has emerged as a favorite destination for many businesses. Its government is pro-investment, the labor is cheap, and the country is already a part of the international supply chain in a substantial way. So will they eat up a major ...
Big U.S. tech companies like Microsoft, Dell, and HP are reportedly looking to transfer a good chunk of their manufacturing out of China due to the sour trade relationship between Beijing and Washington. Moving out production “Hardware production has long been centered on China where production costs are cheaper, components of the tech supply chain ...
Fearing U.S. tariffs will significantly damage revenues, several exporters from China are moving production to Myanmar and other nations, especially Southeast Asian countries. Despite U.S. and China agreeing to a trade truce at the recent G20 meeting, the shift in production is expected to continue. Advantage Myanmar China’s Purchasing Managers’ Index (PMI) for June stood ...
Battered by a trade war that is negatively affecting its economy, China recently accused the United States of practicing “economic terrorism” against their country. Production centers are said to be shifting to other countries as companies seek to avoid U.S. tariffs on Chinese imports. Beijing’s economic trade war It was during President Xi’s recent visit ...
Beijing usually projects its trade war with the U.S. as something it can overcome. Either the Chinese government is hiding its fears under false bravado, or they are simply clueless as to what is happening in the business community. Several surveys now show that manufacturing businesses are seriously considering shifting production out of China, a ...
Under pressure from U.S. tariffs, Beijing is trying to forge better relationships with Japan in a bid to build a new world order with, of course, China at the center. However, being a U.S. ally, Japan is treating China’s unusual friendliness with caution. Meanwhile, Japanese businesses are reportedly moving production units out of China to ...
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