Friday, March 31, 2023

Chinese major manufacturers to small businesses are finding reasons to set up shop in the U.S.

 China Inc. keen on setting up shop in the U.S. despite tensions - Nikkei  Asia

China Inc. keen on setting up shop in the U.S. despite tensions

NEW YORK -- Foreign companies have for years been shifting production away from China as relations between Washington and Beijing deteriorated. But now even Chinese players -- from major manufacturers to small businesses -- are finding reasons to set up shop in the U.S.
 
"I have never seen anything like what I'm seeing now. A lot of Chinese companies have started looking in this direction," says a veteran broker for Chinese factories moving to the U.S.

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